{"product_id":"9783642194443","title":"SpringerBriefs in Economics: A General Framework Based on the Mundell-Fleming Model","description":"\u003ch1\u003eSpringerBriefs in Economics: A General Framework Based on the Mundell-Fleming Model\u003c\/h1\u003e \u003ch2\u003eBajo-Rubio, Oscar; Díaz-Roldán, Carmen\u003c\/h2\u003e \u003cp\u003eThe book develops a general framework for the macroeconomic modeling of monetary unions. The starting point of the analysis is the standard two-country Mundell-Fleming model with perfect capital mobility, extended to incorporate the supply side in a context of rigid real wages, and modified so that the money market is common for two countries forming a monetary union. The model is presented in two versions: for a small and a large monetary union, respectively. After solving each model, the authors derive multipliers for monetary, expenditure, supply, and external shocks, both in the short and the long run; a graphical analysis is also provided. Special attention is paid to the crucial distinction between symmetric and asymmetric shocks.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2011-05-08\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783642194443\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-642-19445-0\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 50\u003c\/p\u003e ","brand":"Springer Berlin Heidelberg","offers":[{"title":"Default Title","offer_id":44806958743692,"sku":"9783642194443","price":49.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783642194443.jpg?v=1774499849","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783642194443","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}