ISBN-13: 9781563248986 / Angielski / Miękka / 1996 / 272 str.
ISBN-13: 9781563248986 / Angielski / Miękka / 1996 / 272 str.
This text develops a complex open economy macro-model of the world economy that synthesizes the new Keynesian and new classical approaches to constructing aggregate models. It extends the two approaches by offering a more general international and intertemporal transmission mechanism.