Workbook for macroeconomic theory: fluctuations, inflation and growth in closed and open economies

By:

Barbosa, Fernando de Holanda

Contributor(s):

Lima, Luiz Antonio de

Material type: Text

TextSeries: Springer Texts in Business and EconomicsPublication details: Switzerland Springer 2025Edition: 2ndDescription: xii, 378pISBN:

9783031820168

Subject(s):

DDC classification:

339 BAR

Summary: This book presents the answers to the exercises in Macroeconomic Theory, Fluctuations, Inflation and Growth in Closed and Open Economies, 2nd Edition, by Fernando de Holanda Barbosa (Cham, Switzerland: Springer, 2024), hereafter referred as Macro Theory. Altogether, there are 170 exercises in eleven chapters and three appendices. Many of these exercises are based on, or inspired in, the literature listed in the bibliography of Macro Theory, although the sources are not documented. The goal of a good number of exercises is to help the student to develop the skills necessary to obtain the model’s empirically testable predictions. You should try to solve each exercise by yourself but do not be upset if you cannot. Some exercises are very hard and take time to work out. However, to learn, you should persevere and try again and again. We hope that this workbook will help you in the learning process of macroeconomic theory. The most important change in this second edition is Part IV, which presents an abridged survey of the empirical evidence on macroeconomic models. This part has four chapters. Chapter 12 takes care of growth. Chapter 13 analyzes the main characteristics of business cycles. Chapter 14 presents the empirical evidence on Keynesian models, and Chapter 15 deals with several issues related to the budget constraint, such as chronic inflation, the pathologies of hyperinflation, public debt crises, external debt crises and the fiscal theory of the price level. (https://link.springer.com/book/10.1007/978-3-031-82017-5?page=2#toc)

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Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Book	Indian Institute of Management LRC General Stacks	Public Policy & General Management	339 BAR (Browse shelf(Opens below))	1	Available		009168

Front Matter
Pages i-xii
Growth
Front Matter
Pages 1-1
Download chapter PDF
The Representative Agent Model
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 3-28
The Open Economy Representative Agent Model
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 29-56
Overlapping Generations
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 57-69
The Solow Growth Model
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 71-80
Economic Growth: Endogenous Saving and Growth
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 81-95
Fluctuation and Inflation
Front Matter
Pages 97-97
Keynesian Models: The IS and LM Curves, the Taylor Rule and the Phillips Curve
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 99-125
Economic Fluctuation and Stabilization
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 127-151
Open Economy Macroeconomics
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 153-167
Economic Fluctuation and Stabilization in an Open Economy
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 169-196
Monetary and Fiscal Policy Models
Front Matter
Pages 197-197
Download chapter PDF
Government Budget Constraint
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 199-226
Monetary Theory and Policy
Fernando deHolanda Barbosa, Luiz Antônio de Lima Junior
Pages 227-240
Macroeconomics: An Abridged Survey of the Empirical Evidence
Front Matter
Pages 241-241
Download chapter PDF
Growth
Fernando de Holanda Barbosa, Luiz Antônio de Lima Junior
Pages 243-253
Fluctuation: Business Cycles
Fernando de Holanda Barbosa, Luiz Antônio de Lima Junior
Pages 255-263
Fluctuation and Inflation: Keynesian Models
Fernando de Holanda Barbosa, Luiz Antônio de Lima Junior
Pages 265-285
Budget Constraint
Fernando de Holanda Barbosa, Luiz Antônio de Lima Junior
Pages 287-299
Back Matter
Pages 301-378

This book presents the answers to the exercises in Macroeconomic Theory, Fluctuations, Inflation and Growth in Closed and Open Economies, 2nd Edition, by Fernando de Holanda Barbosa (Cham, Switzerland: Springer, 2024), hereafter referred as Macro Theory.

Altogether, there are 170 exercises in eleven chapters and three appendices. Many of these exercises are based on, or inspired in, the literature listed in the bibliography of Macro Theory, although the sources are not documented. The goal of a good number of exercises is to help the student to develop the skills necessary to obtain the model’s empirically testable predictions. You should try to solve each exercise by yourself but do not be upset if you cannot. Some exercises are very hard and take time to work out. However, to learn, you should persevere and try again and again. We hope that this workbook will help you in the learning process of macroeconomic theory.

The most important change in this second edition is Part IV, which presents an abridged survey of the empirical evidence on macroeconomic models. This part has four chapters. Chapter 12 takes care of growth. Chapter 13 analyzes the main characteristics of business cycles. Chapter 14 presents the empirical evidence on Keynesian models, and Chapter 15 deals with several issues related to the budget constraint, such as chronic inflation, the pathologies of hyperinflation, public debt crises, external debt crises and the fiscal theory of the price level. (https://link.springer.com/book/10.1007/978-3-031-82017-5?page=2#toc)

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