Macroeconomic and monetary theory in an open economy including topics such as: capital flows and models of the current account; international risk-sharing; sovereign debt; real and nominal exchange rates; currency crises; and the choice of exchange-rate regime.
Macroeconomic and monetary theory in an open economy including topics such as: capital flows and models of the current account; international risk-sharing; sovereign debt; real and nominal exchange rates; currency crises; and the choice of exchange-rate regime.
