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Handbook of International Economics, Volume 4From North Holland
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What conclusions can be drawn from recent advances in international trade and international macroeconomics? New datasets, theoretical models, and empirical studies have resulted in fresh questions about the world trade and payment system. These chapters--six on trade and six on international macroeconomics--reveal the richness that researchers have uncovered in recent years. The chapters on foreign trade present, among other subjects, new integrated multisector analytical frameworks, the use of gravity equations for the estimation of trade flows, the role of domestic institutions in shaping comparative advantage, and international trade agreements. On international macroeconomics, chapters explore the relation between exchange rates and other macroeconomic variables; risk sharing, allocation of capital across countries, and current account dynamics; and sovereign debt and financial crises. By addressing new issues while enabling deeper and sharper analyses of old issues, this volume makes a significant contribution to our understanding of the global economy.
- Systematically illuminates and interprets recent developments in research on international trade and international macroeconomics
- Focuses on newly developing questions and opportunities for future research
- Presents multiple perspectives on ways to understand the global economy
- Sales Rank: #1450812 in Books
- Published on: 2014-04-21
- Original language: English
- Number of items: 1
- Dimensions: 9.25" h x 1.63" w x 7.52" l, 3.90 pounds
- Binding: Hardcover
- 776 pages
Review
"...a must-have reference book for all those who are engaged in researching India’s economy that is today plagued by widening current account deficit, falling currency, high inflation, not-too-comfortable fiscal deficiencies..."--The IUP Journal of Applied Economics, Vol. XIII, No. 4, 2014
"...this book is an accolade worth having by every front-end researcher, for it offers on a platter the current status of research in international economies." --The IUP Journal of Applied Economics,October 2014
"Since the last volume of the Handbook of International Economics appeared nearly two decades ago, researchers in the field have made massive intellectual progress on topics ranging from firm-level dynamics, to empirical trade models, to financial crises, to global capital-flow imbalances. This fourth volume of the Handbook provides the clear and comprehensive update that students and researchers have so urgently needed." --Maurice Obstfeld, University of California, Berkeley
"The Handbook series is like the Olympic games of economics: drawing together all the star contributions of international economics in single location, with a unifying notation and modeling framework. This volume will be indispensable reading for faculty and advanced students alike and will influence the field for years to come." --Robert C. Feenstra, University of California, Davis
"Volume 4 is as indispensable and comprehensive as ever, yet fully updated for the perspectives, issues and important empirical realities in international economics today. Every academic who touches these fields will want to read it." --Kenneth A. Froot. Harvard Business School
"This volume sustains the tradition of excellence of earlier Handbooks of International Economics. The reader is expertly brought up to date on those areas of international economics which have taken giant leaps forward - globalization, determinants of trade flows, preferential trade arrangements, sovereign debt, financial crises, and more. The volume is a must-have refernce for economists wanting to catch up with the field." -- Anne Krueger, Johns Hopkins University
From the Back Cover
What conclusions can be drawn from recent advances in international trade and international macroeconomics? New datasets, theoretical models, and empirical studies have resulted in fresh questions about the world trade and payment system. These chapters--six on trade and six on international macroeconomics--reveal the richness that researchers have uncovered in recent years. The chapters on foreign trade present, among other subjects, new integrated multisector analytical frameworks, the use of gravity equations for the estimation of trade flows, the role of domestic institutions in shaping comparative advantage, and international trade agreements. On international macroeconomics, chapters explore the relation between exchange rates and other macroeconomic variables; risk sharing, allocation of capital across countries, and current account dynamics; and sovereign debt and financial crises. By addressing new issues while enabling deeper and sharper analyses of old issues, this volume makes a significant contribution to our understanding of the global economy.
About the Author
Winner of the Bhagwati Prize for the best paper published in the Journal of International Economics for the two years 2003 and 2004, she is a member of the American Economic Review editorial board.
A member of the National Academy of Sciences, he is the author most recently of This Time Is Different: Eight Centuries of Financial Folly (with Carmen M. Reinhart), 2009.
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