International Macroeconomics and Finance: Theory and Empirical Methods
|
|
|
【推荐级别】
|
☆☆☆☆☆
查看网友评价 |
|
【下载次数】 |
20 次 |
|
【作者】 |
Nelson C. Mark
|
【出版社】 |
Blackwell Publishers
|
|
【文件格式】 |
PDF
|
【ISBN】 |
None
|
|
【资料语言】 |
英文
|
【文件大小】 |
2.65MB
|
|
【上传时间】 |
2008-05-03
|
【共享者】 |
pxzxxxzxwxy
查看他还共享了哪些书籍
|
|
|
资料说明：
|
Contents
1 Some Institutional Background 1
1.1 International Financial Markets . . . . . . . . . . . . . . 2
1.2 National Accounting Relations . . . . . . . . . . . . . . . 15
1.3 The Central Bank.s Balance Sheet . . . . . . . . . . . . . 20
2 Some Useful Time-Series Methods 23
2.1 Unrestricted Vector Autoregressions . . . . . . . . . . . . 24
2.2 Generalized Method of Moments . . . . . . . . . . . . . . 35
2.3 Simulated Method of Moments . . . . . . . . . . . . . . 38
2.4 Unit Roots . . . . . . . . . . . . . . . . . . . . . . . . . . 40
2.5 Panel Unit-Root Tests . . . . . . . . . . . . . . . . . . . 50
2.6 Cointegration . . . . . . . . . . . . . . . . . . . . . . . . 63
2.7 Filtering . . . . . . . . . . . . . . . . . . . . . . . . . . . 67
3 The Monetary Model 79
3.1 Purchasing-Power Parity . . . . . . . . . . . . . . . . . . 80
3.2 The Monetary Model of the Balance of Payments . . . . 83
3.3 The Monetary Model under Flexible Exchange Rates . . 84
3.4 Fundamentals and Exchange Rate Volatility . . . . . . . 88
3.5 Testing Monetary Model Predictions . . . . . . . . . . . 91
4 The Lucas Model 105
4.1 The Barter Economy . . . . . . . . . . . . . . . . . . . . 106
4.2 The One-Money Monetary Economy . . . . . . . . . . . 113
4.3 The Two-Money Monetary Economy . . . . . . . . . . . 118
4.4 Introduction to the Calibration Method . . . . . . . . . . 125
4.5 Calibrating the Lucas Model . . . . . . . . . . . . . . . . 126
.....
Chapter 1
Some Institutional
Background
This chapter covers some institutional background and develops some
basic relations that we rely on in international macroeconomics and
Tnance. First, you will get a basic description some widely held in-
ternational Tnancial instruments and the markets in which they trade.
This discussion allows us to quickly derive the fundamental parity rela-
tions implied by the absence of riskless arbitrage proTts that relate asset
prices in international Tnancial markets. These parity conditions are
employed regularly in international macroeconomic theory and serve
as jumping off points for more in-depth analyses of asset pricing in the
international environment. Second, you?ll get a brief overview of the
national income accounts and their relation to the balance of payments.
This discussion identiTes some of the macroeconomic data that we want
theory to explain and that are employed in empirical work. Third, you
will see a discussion of the central bank?s balance sheet?an understand-
ing of which is necessary to appreciate the role of international (foreign
exchange) reserves in the central bank?s foreign exchange market inter-
vention and the impact of intervention on the domestic money supply.
....
|
|
资料下载
|
打开下载链接
点此链接需花费积分5分。如何获取积分？
注册新会员
积分不够？请用手机短信充值
·请先登录 ，然后下载
·下载后，您的积分会减少5分
·48小时内重复下载该资料不另外扣分
·下载前，请先阅读下载声明
·管理员对书籍只进行了初步审核，如果您发现该书违反了分享规则，请向管理员投诉！
|
·本服务的所有资料文件是其作者提供和网友推荐收集整理的，如有侵犯版权敬请指出。
·所有资料文件的准确性、安全性和完整性未经验证，NetYi不承担用户因使用这些下载内容而造成的任何形式的损失或伤害。
|
|
|
| 客户服务 |
 
 |
电话：028-66868000
13568916094
下班时间请点击此处留言 |
| 注：客服服务时间为周一至周五09：00—17：30，周六周日休息。 |
|
|