Foreslået køb The New Open Economy Macroeconomics of Exchange Rate PassThrough and Foreign Direct Investment by Christoph Swonke v4pbaJV3

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Recent developments in international economics have resulted in a research agenda labelled as the New Open Economy Macroeconomics NOEM. This book provides a description of the baseline model and discusses open questions in the literature. Two price setting assumptions can be distinguished the producer currency price setting and the local currency price setting with crucial difference according to the transmission process. The study examines the presence of either price setting assumptions o