Foundations of International Macroeconomics is an innovative text that offers the first integrative modern treatment of the core issues in open economy macroeconomics and finance. With its clear and accessible style, it is suitable for first-year graduate macroeconomics courses as well as graduate courses in international macroeconomics and finance. Each chapter incorporates an extensive and eclectic array of empirical evidence. For the beginning student, these examples provide motivation and aid in understanding the practical value of the economic models developed. For advanced researchers, they highlight key insights and conundrums in the coverage includes intertemporal consumption and investment theory, government. | aurice Obstfeld HARDCOVER AT SPECIAL STUDENT PRICE THE MIT PRESS FOUNDATIONS OF INTERNATIONAL MACROECONOMICS Maurice Obstfeld Kenneth Rogoff The MIT Press Cambridge Massachusetts London England 1996 Massachusetts Institute of Technology All rights reserved. No part of this publication may be reproduced in any form by any electronic or mechanical means including photocopying recording or information storage and retrieval without permission in writing from the publisher. This book was set in Times Roman by Windfall Software using ZzTpX and was printed and bound in the United States of America. Library of Congress Cataloging-in-Publication Data Obstfeld Maurice. Foundations of international macroeconomics Maurice Obstfeld Kenneth Rogoff. p. cm. Includes bibliographical references and index. ISBN 0-262-15047-6 I. International economic relations. I. Rogoff Kenneth II. title. 1996 397 dc20 96-27824 .
