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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

 

The Mexican Peso Crisis

 

Reference

The Mexican Peso Crisis, Joseph A. Whitt, Jr., Atlanta Fed