Sumários

Exchange rates and open-economy macroeconomics

8 Março 2024, 11:00 Szabolcs Sebestyén


Explaining the failure of PPP
Case study: Why are poor countries cheaper?
The real exchange rate

Exchange rates and open-economy macroeconomics

7 Março 2024, 11:00 Szabolcs Sebestyén


The law of one price
Purchasing power parity
The Fisher effect
Empirical evidence on PPP

Exchange rates and open-economy macroeconomics

1 Março 2024, 11:00 Szabolcs Sebestyén


The FX market
  • Interest rates, expectations, and equilibrium
  • Case study: Carry trade
The money supply and the exchange rate in the short run
Money, the price level and the exchange rate in the long run

Exchange rates and open-economy macroeconomics

29 Fevereiro 2024, 11:00 Szabolcs Sebestyén


The bond market
  • Changes in equilibrium interest rates
The FX market
  • The demand for foreign currency assets
  • Equilibrium in the FX market

Exchange rates and open-economy macroeconomics

23 Fevereiro 2024, 11:00 Szabolcs Sebestyén


The money market
  • Money demand
  • A model of the money market
The bond market
  • Supply and demand in the bond market
  • Changes in equilibrium interest rates