Money, Capital Mobility, and Trade

Money, Capital Mobility, and Trade

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Essays by leading economists and scholars reflecting on Mundell's broad influence on modern open-economy macroeconomics.Essays in Honor of Robert A. Mundell Guillermo A. Calvo, Rudiger Dornbusch Maurice Obstfeld ... log linearized as m, = a0 + a, d, + a2r, , where A, = D, /M, and fl2 = (1 - m) at the point of linearization, usually the sample mean. ... Similar timing equations are derived in Connolly and Taylor 1984 and Flood and Garber 1984b.

Title:Money, Capital Mobility, and Trade
Author: Guillermo A. Calvo, Rudiger Dornbusch
Publisher:MIT Press - 2004-01

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