International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, 2006 1 Figure 26.1 Rudiger Dornbusch, 1942 – 2002.

Slides:



Advertisements
Similar presentations
Tariff, general equilibrium
Advertisements

© Charles van Marrewijk, An Introduction to Geographical Economics Brakman, Garretsen, and Van Marrewijk.
© Charles van Marrewijk, An Introduction to Geographical Economics Brakman, Garretsen, and Van Marrewijk.
International Economics: Theory, Application, and Policy, Ch. 15;  Charles van Marrewijk, Figure 15.1 Joseph Schumpeter (1883–1950)
© Charles van Marrewijk, An Introduction to Geographical Economics Brakman, Garretsen, and Van Marrewijk.
© Charles van Marrewijk, An Introduction to Geographical Economics Brakman, Garretsen, and Van Marrewijk.
© Charles van Marrewijk, An Introduction to Geographical Economics Brakman, Garretsen, and Van Marrewijk.
© Charles van Marrewijk, An Introduction to Geographical Economics Brakman, Garretsen, and Van Marrewijk.
 Brakman, Garretsen, and van Marrewijk, 2008 Figure 3.1 Structure of the core model of Geographical Economics.
International Economics: Theory, Application, and Policy, Ch. 7;  Charles van Marrewijk, Figure 7.1 Bertil Ohlin ( )
International Economics: Theory, Application, and Policy, Ch. 17;  Charles van Marrewijk, Figure 17.1 Léon Walras (1834–1910)
© Charles van Marrewijk, An Introduction to Geographical Economics Brakman, Garretsen, and Van Marrewijk.
Beugelsdijk, Brakman, Garretsen, and van Marrewijk International Economics and Business © Cambridge University Press, 2013Chapter 5 – Trade restrictions.
Beugelsdijk, Brakman, Garretsen, and van Marrewijk International Economics and Business © Cambridge University Press, 2013Chapter 4 – Modern trade theory:
Beugelsdijk, Brakman, Garretsen, and van Marrewijk International Economics and Business © Cambridge University Press, 2013Chapter 9 – Currency crises and.
Lecture 20: Dornbusch Overshooting Model. Intuition of the Dornbusch model: although adjustment in financial markets is instantaneous, adjustment in goods.
Introduction Macroeconomics is the study of the structure and performance of national economies and of the government policies used to influence economic.
© K. Cuthbertson and D. Nitzsche Figures for Chapter 16 SPOT FX : FUNDAMENTALS AND NOISE TRADERS (Investments : Spot and Derivatives Markets)
International Economics: Theory, Application, and Policy, Ch. 11;  Charles van Marrewijk, Figure 11.1 Jagdish Bhagwati (1934– )
International Economics: Theory, Application, and Policy, Ch. 2;  Charles van Marrewijk, Figure 2.1 Adam Smith (1723–1790)
International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, Figure 28.1 Mark P. Taylor ( )
International Economics: Theory, Application, and Policy, Ch. 27;  Charles van Marrewijk, Figure 27.1 Overview of the economic policy framework.
© Charles van Marrewijk, An Introduction to Geographical Economics Brakman, Garretsen, and Van Marrewijk.
International Economics: Theory, Application, and Policy, Ch. 9;  Charles van Marrewijk, Figure 9.1 Joseph Stiglitz ( )
International Economics: Theory, Application, and Policy, Ch. 24;  Charles van Marrewijk, Figure 24.1 David Hume 1711 – 1776.
International Economics: Theory, Application, and Policy, Ch. 15;  Charles van Marrewijk, Figure 15.1 Joseph Schumpeter (1883–1950)
International Economics: Theory, Application, and Policy, Ch. 22;  Charles van Marrewijk, Figure 22.1 Barry Eichengreen ( )
International Economics: Theory, Application, and Policy, Ch. 16;  Charles van Marrewijk, Figure 16.1 Paul Romer (1955– )
International Economics: Theory, Application, and Policy, Ch. 30;  Charles van Marrewijk, Figure 30.1 Peter Kenen, 1932 –
International Economics: Theory, Application, and Policy, Ch. 19;  Charles van Marrewijk, Figure 19.1 Kenneth Rogoff ( )
International Economics: Theory, Application, and Policy, Ch. 20;  Charles van Marrewijk, Figure 20.1 Karl Gustav Cassel ( )
PowerPoint Presentation by Charlie Cook Copyright © 2004 South-Western. All rights reserved. Chapter 9 Exchange Rates and the Balance of Payments.
Exchange-Rate Determination Chapter 12 Copyright © 2009 South-Western, a division of Cengage Learning. All rights reserved.
International Economics: Theory, Application, and Policy, Ch. 8;  Charles van Marrewijk, Figure 8.1 James Meade ( )
International Economics: Theory, Application, and Policy, Ch. 31;  Charles van Marrewijk, Figure 31.1 Maurice Obstfeld ( )
© Charles van Marrewijk, An Introduction to Geographical Economics Brakman, Garretsen, and Van Marrewijk.
International Economics: Theory, Application, and Policy, Ch. 4;  Charles van Marrewijk, Figure 4.1 Paul Samuelson (1915–)
International Economics: Theory, Application, and Policy, Ch. 14;  Charles van Marrewijk, Figure 14.1 James Peter Neary (1950 – )
International Economics: Theory, Application, and Policy, Ch. 3;  Charles van Marrewijk, Figure 3.1 David Ricardo (1772–1823)
International Economics: Theory, Application, and Policy, Ch. 23;  Charles van Marrewijk, Figure 23.1 Alfred Marshall ( )
INTERNATIONAL ECONOMICS: THEORY, APPLICATION, AND POLICY;  Charles van Marrewijk, 2006; 1 A’s offer curve We have seen how to derive an ‘offer curve’,
International Economics: Theory, Application, and Policy, Ch. 5;  Charles van Marrewijk, Figure 5.1 Harry Johnson (1923–1977)
International Economics: Theory, Application, and Policy, Ch. 12;  Charles van Marrewijk, january march february november december june may april.
International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, Figure 13.1 Jacob Viner (1892–1970)
INTERNATIONAL ECONOMICS: THEORY, APPLICATION, AND POLICY;  Charles van Marrewijk, 2006; 1 Derivation of the offer curve X Y 0 p x /p y 2 Take an economy.
International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, Figure 29.1 Paul Krugman (1953– )
International Economics: Theory, Application, and Policy, Ch. 6;  Charles van Marrewijk, Figure 6.1 Francis Edgeworth ( )
International Economics: Theory, Application, and Policy, Ch. 10;  Charles van Marrewijk, Figure 10.1 Avinash Dixit (1944 – )
International Economics: Theory, Application, and Policy, Ch. 25;  Charles van Marrewijk, Figure 25.1 Robert Mundell (1932 – )
International Economics: Theory, Application, and Policy, Ch. 18;  Charles van Marrewijk, Figure 18.1 Milton Friedman ( )
The Determination of Interest Rates. I. Determinants of the Interest Rate Level A. Real Rate of Interest Definitions –Interest Rate: The price paid for.
Introduction Land area and population Income Income per capita International trade The balance of payments Dynamics and globalization Trade connections.
International Economics: Theory, Application, and Policy, Ch. 2;  Charles van Marrewijk, Figure 2.1 Léon Walras (1834–1910)
PowerPoint Presentation by Charlie Cook Copyright © 2004 South-Western. All rights reserved. Chapter 9 Efficient Markets and International Interest Parity.
International Economics: Theory, Application, and Policy, Ch. 16;  Charles van Marrewijk, Figure 16.1 Paul Romer (1955– )
© The McGraw-Hill Companies, 2002 Chapter 34 Exchange rate regimes David Begg, Stanley Fischer and Rudiger Dornbusch, Economics, 7th Edition, McGraw-Hill,
International Economics: Theory, Application, and Policy, Ch. 13;  Charles van Marrewijk, Figure 13.1 Jacob Viner (1892–1970)
International Economics: Theory, Application, and Policy, Ch. 17;  Charles van Marrewijk, Figure 17.1 Mark Melitz (1968 – )
International Economics: Theory, Application, and Policy, Ch. 22;  Charles van Marrewijk, Figure 22.1 Irving Fisher ( )
Introduction Zipf's Law and the gravity equation The structure of the model Multiple locations and equilibrium Chapter 14 tool: computer simulations Welfare.
LECTURE 24: Dornbusch Overshooting Model
Figure 1.1 Angus Maddison ( )
International Economics: Theory, Application, and Policy, Ch. 23;  Charles van Marrewijk, Figure 23.1 Barry Eichengreen ( )
© The McGraw-Hill Companies, 2005 Chapter 34 Exchange rate regimes David Begg, Stanley Fischer and Rudiger Dornbusch, Economics, 8th Edition, McGraw-Hill,
International Economics: Theory, Application, and Policy, Ch. 10;  Charles van Marrewijk, Figure 10.1 Avinash Dixit (1944 – )
International Economics: Theory, Application, and Policy, Ch. 28;  Charles van Marrewijk, Figure 28.1 Overview of the economic policy framework.
International Economics By Robert J. Carbaugh 9th Edition
An Introduction to International Economics
LECTURE 25: Dornbusch Overshooting Model
Derivation of the offer curve, 1
Presentation transcript:

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure 26.1 Rudiger Dornbusch, 1942 – 2002

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure 26.2 Financial equilibrium

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure 26.3 Sluggish price adjustment

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure 26.4 Phase diagram of the Dornbusch model

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure 26.5 Dornbusch model dynamics

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure 26.6 The Asian crisis in Thailand

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure 26.7 Monetary expansion: exchange rate overshooting

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure 26.8 Overshooting

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure 26.9 Infinite nested-ness, fundamentals, and bubbles

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure The real value of the US dollar

International Economics: Theory, Application, and Policy, Ch. 26;  Charles van Marrewijk, Figure Out-of-sample exchange rate forecasting