A General Framework Based on the Mundell-Fleming Model
by
Oscar Bajo-Rubio, Carmen Díaz-Roldán
Language: English
Release Date: May 6, 2011
The book develops a general framework for the macroeconomic modeling of monetary unions. The starting point of the analysis is the standard two-country Mundell-Fleming model with perfect capital mobility, extended to incorporate the supply side in a context of rigid real wages, and modified so that...