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Handbook of International Economics, Volume 4 (Hardcover, Revised ed.)
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Handbook of International Economics, Volume 4 (Hardcover, Revised ed.)
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What conclusions can be drawn from recent advances in international
trade and international macroeconomics? New datasets, theoretical
models, and empirical studies have resulted infresh questions
aboutthe world trade and payment system. These chapters--six on
trade and six on international macroeconomics--reveal the richness
that researchers have uncovered in recent years. The chapters on
foreign trade present, among other subjects, new integrated
multisector analytical frameworks, the use of gravity equations for
the estimation of trade flows, the role of domestic institutions in
shaping comparative advantage, and international trade agreements.
On international macroeconomics, chapters explore the relation
between exchange rates and other macroeconomic variables; risk
sharing, allocation of capital across countries, and current
account dynamics; and sovereign debt and financial crises. By
addressingnew issues while enabling deeper and sharper analyses of
old issues, this volume makes a significant contribution to our
understanding of the global economy.
Systematically illuminates and interprets recent developments in
research on international trade and international
macroeconomicsFocuses on newly developing questions and
opportunities for future researchPresents multipleperspectives on
ways to understand the global economy"
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