Three Studies in International Macroeconomics

The first study examines a continuous time deterministic model of a small open economy with flexible exchange rates, perfectly integrated bonds market, and perfect foresight. The price of domestic goods is assumed sluggish relative to the exchange rate which adjusts instantaneously. We introduce a markup pricing rule and examine anticipated and unanticipated changes in the exogenously given markup rate as well as in the rate of monetary growth. Next, we simulate a differential game between the government and the private sector.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2014

Author dc:creator

• Bianconi, Marcelo

Contributors dc:contributor

• Turnovsky, Stephen J.

• Economics, Theory
• Political Science, Public Administration

Identifier

(UMI)AAI8908624

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/70803