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Open Economy Macro

Overview

Interest Rate Parity

Purchasing Power Parity

Balance of Payments

Mundell-Fleming Model

The Mexican Peso Crisis

Floating Rates

Long-Run Analysis

Short-Run Analysis

Fixed Rates

Steady-State Analysis

Expectations

Challenges

Table of Contents

 

Open Economy Macro

The Mundell-Fleming Model

 

 

 

 

 

 

 

 

 

 

References

International Monetary Economics, Bennett T. McCallum, Oxford University Press, 1996.

 

Comments?  Questions?  macro-at-econmodel-dot-com  Copyright 2006 William R. Parke