Use this URL to cite or link to this record in EThOS: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.254121 |
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Title: | Studies on macroeconomic adjustment in open-economies | ||||||
Author: | Zervoyianni, Athina |
ISNI:
0000 0001 3577 0783
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Awarding Body: | University of Warwick | ||||||
Current Institution: | University of Warwick | ||||||
Date of Award: | 1989 | ||||||
Availability of Full Text: |
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Abstract: | |||||||
This thesis attempts to focus on several 'unresolved' issues that exist in the field of open-economy macroeconomics. 41 Chapter 2 examines the implications of1currency substitution, (CS) for the behaviour of a small open economy, subsequent to an unanticipated contraction in the domestic money supply. Chapter 3 concentrates on the role of CS, capital mobility and price stickiness in the international transmission of disturbances. Chapter 4 explores how the degree of openness of national economies might influence the relationships among exchange rates, price levels, interest rates and international balances of payment. Chapter 5 examines the relative effectiveness of various simple policy rules for economic stabilization, under alternative assumptions about the degree of openness of individual economies. In Chapter 6 we study the behaviour of a semi-small open economy subsequent to (unanticipated) increases in foreign interest rates, using a model in which some of the key characteristics of the major debtor countries are incorporated. In Chapter 7 we analyse the effects of exogenous financial disturbances on the economy of a debtor country, under alternative assumptions about the nature of its external debt. Chapter 1 attempts to provide a "background' for the analysis in the remainder of the thesis, by discussing some of the developments in the theoretical literature and in the world economy that have motivated our study.
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Supervisor: | Not available | Sponsor: | Greek State Scholarship Foundation | ||||
Qualification Name: | Thesis (Ph.D.) | Qualification Level: | Doctoral | ||||
EThOS ID: | uk.bl.ethos.254121 | DOI: | Not available | ||||
Keywords: | HB Economic Theory | ||||||
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