Intranational Macroeconomics
1st Edition
Published on 12. January 2012
Book
Paperback/Softback
338 pages
978-1-107-40379-6 (ISBN)
Description
Historically, the study of international trade and finance has focused on the movements of goods and capital between nations. But as countries are becoming more integrated, the macroeconomic role of national borders is diminished. The approach that researchers have recently adopted to further our understanding of how economic interactions between nations will evolve as national borders decline in importance is to analyze economic interactions within a country (i.e., 'intranational macroeconomics'). This book brings the intranational macroeconomics literature into clearer focus by collecting the strands of research into a common thread. Each chapter attempts to answer the following two questions: first, what contributions do national borders make to our understanding of macroeconomics? Second, how will these contributions change as the world becomes more integrated?
More details
Language
English
Place of publication
Cambridge
United Kingdom
Target group
Professional and scholarly
Product notice
Paperback (trade)
Illustrations
Worked examples or Exercises
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 20 mm
Weight
550 gr
ISBN-13
978-1-107-40379-6 (9781107403796)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Gregory D. Hess | Eric van Wincoop
Intranational Macroeconomics
Book
09/2000
Cambridge University Press
€147.80
Shipment within 15-20 days
Persons
Content
Introduction; Part I. Financial and Goods Market Integration: 1. Intranational versus international saving-investment comovements Eric van Wincoop; 2. International and intranational risk sharing Gregory D. Hess and Mario Crucini; 3. Interregional and international credit market integration Bent E. Sorenson and Oved Yosha; 4. Home bias in equity markets: international and intranational evidence Gur Huberman; 5. Relative price volatility: what role does the border play? Charles Engel and John Rogers; 6. (Why) do borders matter for trade? Holger Wolf; Part II. Business Cycles and Growth: 7. Income dynamics in regions and countries Paul Evans; 8. Intranational labor migration, business cycles and growth Antonio Fatas; 9. The sources of fluctuations within and across countries Todd Clark and Kwanho Shin; Part III. Fiscal and Monetary Policy: 10. Regional non-adjustment and fiscal policy Maurice Obstfeld and Fabrizio Peri; 11. Fiscal policy and intranational risk sharing Juergen von Hagen; 12. Do local banks matter for the local economy? In search of a regional credit channel Sandra Hanson and Chris Waller.