The new open economy macroeconomics of exchange rate pass-through and foreign direct investment
Author(s)
Bibliographic Information
The new open economy macroeconomics of exchange rate pass-through and foreign direct investment
（Studien zu Internationalen Wirtschaftsbeziehungen / herausgegeben von Michael Frenkel, Bd. 15）
P. Lang, c2009
Available at / 1 libraries
-
No Libraries matched.
- Remove all filters.
Note
Originally presented as the author's thesis (doctoral) -- WHU - Otto Beisheim School of Management in Vallendar, 2008
Includes bibliographical references (p. [93]-97)
Description and Table of Contents
Description
Recent developments in international economics have resulted in a research agenda labelled as the "New Open Economy Macroeconomics" (NOEM). This book provides a description of the baseline model and discusses open questions in the literature. Two price setting assumptions can be distinguished, the producer currency price setting and the local currency price setting with crucial difference according to the transmission process. The study examines the presence of either price setting assumptions on an empirical basis, the analysis of German exporters and the reaction of import prices in response to exchange rate changes. Finally the traditional NOEM model structure is enriched by introducing foreign direct investment effects.
Table of Contents
Contents: New Open Economy Macroeconomics - Redux-Model - Exchange Rate Pass-Through - Producer Currency Pricing - Local Currency Pricing - Pricing to Market - German Exports - Foreign Direct Investment - Overlapping Generation Model - Ricadian Equivalence.
by "Nielsen BookData"
