Exercises in Intertemporal Open-Economy Macroeconomics, Second Edition
This exercise manual has been revised to be a companion volume to the third edition of "Fiscal Policies and the World Economy" by Jacob Frenkel and Assaf Razin. It includes new material on endogenous growth, convergence, and an extension of the Mundell-Flemming model.
About the Authors
Jonathan D. Ostry is Deputy Director of the Research Department of the International Monetary Fund.
Chi-Wa Yuen is Associate Professor of Economics and Finance at the University of Hong Kong.