Literatura na ovom kusu je:
Maurice Obstfeld and Kenneth Rogoff,
Foundations of International Macroeconomics,
MIT Press, 1996 (nadalje, obeležavaću ga kao OR).
Takođe, Nelson Mark,
International Macroeconomics and Finance: Theory and Econometric Methods,
Blackwell, 2001. je odličan!
Dobri vebsajtovi:
www.nber.org,
www.stern.nyu.edu/globalmacro/,
www.internationaleconomics.net
Studenti biraju tri od ponuđenih pet
poglavlja. Preporuka: za studente informatike, bolja je kombinacija
1+2+3; za studente smera Međunarodna trgovina, preporučujem kombinaciju
1+4+5.
PROGRAM:
1.
Konstrukcija makroekonomije otvorene privrede : devizni kursevi,
platni bilans i međunarodni tokovi kapitala
OR, Poglavlja 1, 2, 4, 5.
Mark, Poglavlja 6,7.
Maurice Obstfeld and K. Rogoff, The Intertemporal Approach to the
Current Account, u
G. Grossman and K. Rogoff (eds.), Handbook of International Economics,
vol . III, North-Holland, '95.
Robert E. Lucas, “Why Doesn’t Capital
Flow from Rich to Poor Countries?,” AER 80,
92-96 , May 90.
Charles Engel, “Accounting for U.S. Real
Exchange Rate Changes,” JPE, June 1999.
Kenneth Rogoff (2001), “The Failure of Empirical Exchange Rate Models:
No Longer
New but Still True,” Economic Policy Web Essay, October 2001, Issue 1,
volume 1.
2
Modeliranje otvorene privrede
OR, Poglavlja 7, 9, 10.
Mark, Poglavlja 5, 8, 9.
Maurice Obstfeld (2001), “International Macroeconomics: Beyond the
Mundell-Fleming
Model,” International Monetary Fund Staff Papers 48, Special Issue 2001.
Kenneth Rogoff (2002), “Dornbusch’s Overshooting Model After 25 years:
IMF Mundell-
Fleming Lecture,” International Monetary Fund Staff Papers 49, Special
Issue 2002,
1-35.,
Philip R. Lane (2001), “The New Open Economy Macroeconomics: A Survey,”
Journal
of International Economics 54, 235-266, August 2001.
Charles Engel (2003), “Expenditure
Switching and Exchange Rate Policy,” NBER Macroeconomics
Annual 17, 231-272.
Rudi Dornbush (1976) Expectations
and Exchange Rate Dynamics, The Journal of Political Economy, Vol.84,
No. 6., 1161-1176.
3 Ekonomske
politike I : Režimi
deviznog kursa
OR, Poglavlje 9.
M. Obstfeld and K. Rogoff, The Mirage of Fixed Exchange Rates, Journal
of Economic
Perspectives, 1995.
Maurice Obstfeld, Alan M. Taylor and Jay C. Shambaugh (2004), “The
Trilemma in
History: Tradeoffs among Exchange Rates, Monetary Policies, and Capital
Mobility,”
mimeo, UC-Berkeley.
M. Mussa, Exchange Rates in Theory and in Reality, Princeton Essays in
International
Finance, no. 179, December 1990.
Jeffrey Frankel, “No Single Currency Regime is Right for All Countries
or at All Times,”
Graham Lecture, Princeton University, April 20, 1999. NBER Working Paper
No.
7338. Available at
http://papers.nber.org/papers/7338
Jeffrey Frankel and Andrew Rose, Empirical Research on Nominal Exchange
Rates, in
G. Grossman and K. Rogoff (eds.), Handbook of International Economics,
vol . III,
North-Holland, 1995.
Reinhart, Carmen M. and Kenneth S. Rogoff (2002), ”The Modern History of
Exchange
Rate Arrangements: A Reinterpretation,” NBER Working Paper No. 8963.
Rogoff, Kenneth S., Aasim M. Husain, Ashoka Mody, Robin Brooks and
Nienka Oomes
(2003), ”Evolution and Performance of Exchange Rate Regimes,” IMFWorking
Paper
No. WP/03/243.
4 Ekonomske politike II:
Globalizacija međunarodne trgovine i međunarodnih
finansija
Kenneth Rogoff, Eswar Prasad, Shang-Jin Wei and Ayhan Kose (2003), The
Effects of Financial Globalization on Developing
Countries: Some Empirical Evidence, IMF Occasional Paper 220,
Kenneth French and James Poterba (1991), “Investor Diversification and
International Equity Markets,” American Economic
Review 81, 222-226 , May 1991.
5
Ekonomske politike III:
Koordinacija politika i međunarodni monetarni sistem
OR, Poglavlje 9.
Kenneth Rogoff (2001), “Why Not a Global Currency,” American Economic
Review 91,
243-247, May 2001.
Paul Bergin (2002), “Is There a Role for International Policy
Coordination?,” Federal
Reserve Bank of San Francisco Economic Letter.
|