The importance of country risk is underscored by the existence of several prominent country risk rating agencies. These agencies combine information regarding alternative measures of economic, financial and political risk into associated composite risk... Zobraziť viac
This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. A currently dominant research strategy in macroeconomics is based on the Dynamic General Equilibrium (DGE) model. Its... Zobraziť viac
Trade theories predict and explain the consequences of economic integration. Generally, they show that freer international trade leads to specialisation, technological convergence and faster economic growth. This study compares the conclusions of the... Zobraziť viac
This book contains state-of-the-art cumulative research and results on functional structure, approximation and estimation for: individual economic agents; aggregation over those agents; and equilibrium solution stochastic processes. Contributions to... Zobraziť viac
This volume of Contributions to Economic Analysis addresses a number of important questions in the field of business cycles including: How should business cycles be dated and measured? What is the response of output and employment to oil-price and... Zobraziť viac
