Macroeconomic performance in a globalising economy / 
edited by Robert Anderton, Geoff Kenny. 
 - 1 online resource (xviii, 280 pages) :  digital, PDF file(s). 
<br/><br/> Title from publisher's bibliographic system (viewed on 05 Oct 2015). 
<br/><br/> Globalisation and macroeconomic performance /  The impact of globalisation on the euro area macroeconomy /  Trade and foreign direct investment in business services: a modelling approach /  Entry dynamics and the decline in exchange-rate pass-through /  Does the exchange rate belong in monetary policy rules?: new answers from a DSGE model with endogenous tradability and trade frictions /  Globalisation and inflation in the OECD economies /  Globalisation and euro area prices and labour markets: some evidence on the impact of low-cost countries /  Monetary policy in a global economy: past and future research challenges /  Robert Anderton and Geoff Kenny --  Robert Anderton and Paul Hiebert --  James R. Markusen --  Christopher Gust, Sylvain Leduc and Robert J. Vigfusson --  Michael Kumhof, Douglas Laxton and Kanda Naknoi --  Isabell Koske, Nigel Pain and Marte Sollie --  Gabor Pula and Frauke Skudelny -- Monetary policy strategy in a global environment /  Philippe Moutot and Giovanni Vitale --  John B. Taylor. 
<br/><br/> The process of globalisation has been ongoing for centuries, but few would doubt that it has accelerated and intensified in recent decades. This acceleration is evidenced as much by the strong synchronicity in the rapid transmission of financial crises starting in late 2007 as it is by the decade of almost unprecedented growth in international trade and financial market liberalisation that preceded it. This book shows how the international economy has become more connected via increased production, trade, capital flows and financial linkages. Using a variety of methodologies, including both panel econometrics and DSGE modelling, a team of experts from academia, central banks and the IMF examine how this increased globalisation has affected competitiveness, productivity, inflation and the labour market. This timely contribution to the globalisation literature provides a longer-term perspective while also evaluating some of the potential implications for policy makers, particularly from a European perspective. 
<br/><br/><label>ISBN: </label>9780511760594 (ebook) 
<br/><br/><label>Subjects--Topical Terms: </label><br/>International trade.<br/>International economic relations.<br/>International finance.<br/>Monetary policy.<br/>Globalization--Economic aspects.<br/>Macroeconomics.
<br/><br/><label>LC Class. No.: </label>HF1379  / .M337 2011 
<br/><br/><label>Dewey Class. No.: </label>382