000 03529nam a2200385 a 4500
005 20250930133455.0
008 120522s2011 enka i 000 0 eng
010 _a2010-043681
020 _a9780521116695 (hardback)
039 9 _a201206061217
_bbaiti
_c201205221742
_didah
_y05-22-2012
_zidah
040 _aUKM
090 _aHF1379.M337
090 _aHF1379
_b.M337
245 0 0 _aMacroeconomic performance in a globalising economy /
_cedited by Robert Anderton, Geoff Kenny.
260 _aNew York :
_bCambridge University Press,
_c2011.
300 _axviii, 280 p. :
_bill. ;
_c24 cm.
505 8 _aMachine generated contents note: List of figures; List of tables; List of contributors; Preface J✹gen Stark; Acknowledgements; 1. Globalisation and macroeconomic performance Robert Anderton and Geoff Kenny; 2. The impact of globalisation on the euro area macroeconomy Robert Anderton and Paul Hiebert; 3. Trade and foreign direct investment in business services: a modeling approach James R. Markusen; 4. Entry dynamics and the decline in exchange-rate pass-through Christopher Gust, Silvain Leduc and Robert J. Vigfusson; 5. Does the exchange rate belong in monetary policy rules? New answers from a DSGE model with endogenous tradability and trade frictions Michael Kumhof, Douglas Laxton and Kanda Naknoi; 6. Globalisation and inflation in the OECD economies Isabell Koske, Nigel Pain and Marte Sollie; 7. Globalisation and euro area prices and labour markets: some evidence on the impact of low-cost countries Gabor Pula and Frauke Skudelny; 8. Monetary policy strategy in a global environment Philippe Moutot and Giovanni Vitale; 9. How globalisation affects euro area adjustment Marco Buti; 10. Monetary policy in a global economy: past and future research challenges John B. Taylor; Index.
520 _a'The process of globalisation has been ongoing for centuries, but few would doubt that it has accelerated and intensified in recent decades. This acceleration is evidenced as much by the strong synchronicity in the rapid transmission of financial crises starting in late 2007 as it is by the decade of almost unprecedented growth in international trade and financial market liberalisation that preceded it. This book shows how the international economy has become more connected via increased production, trade, capital flows and financial linkages. Using a variety of methodologies, including both panel econometrics and DSGE modelling, a team of experts from academia, central banks and the IMF examine how this increased globalisation has affected competitiveness, productivity, inflation and the labour market. This timely contribution to the globalisation literature provides a longer-term perspective while also evaluating some of the potential implications for policy makers, particularly from a European perspective'--
_cProvided by publisher.
650 0 _aInternational trade.
650 0 _aInternational economic relations.
_960055
650 0 _aInternational finance.
650 0 _aMonetary policy.
_960430
650 0 _aGlobalization
_xEconomic aspects.
_962353
650 0 _aMacroeconomics.
650 7 _aBUSINESS & ECONOMICS / Economics / Macroeconomics
_2bisacsh.
700 1 _aAnderton, Bob.
700 1 _aKenny, Geoff.
907 _a.b15375778
_b2019-11-12
_c2019-11-12
942 _c01
_n0
_kHF1379.M337
914 _avtls003502191
990 _abaiti
991 _aFakulti Ekonomi dan Pengurusan
998 _at
_b2012-09-05
_cm
_da
_feng
_genk
_y0
_z.b15375778
999 _c521228
_d521228