Essays in Macroeconomics of an Open Economy

By Franz Gehrels

This macroeconomic study examines in a growth context the international feedbacks and constraints on house- holds' and firms' decisions, treated as time-optimizing problems under risk aversion. The economy finds its full-employment time-path only via monetary and fiscal measures, and exchange-rate adjustment.

• Format: Paperback
• Language: English
• ISBN: 3540540741
• ISBN13: 9783540540748
• Release Date: June 1991
• Publisher: Springer
• Length: 183 Pages
• Weight: 0.73 lbs.
• Dimensions: 0.4" x 6.7" x 9.6"