The Open Economy in the SR The Mundell-Fleming Model Model under floating ex-rate Model under fixed ex-rate Interest-rate- differentials Debate over floating v.s. fixed ex-rate Mundell-Fleming model with changing price level Model in large open economy

The Open Economy Why do countries trade with each other? \No nation was ever ruined by trade.\ -- Benjamin Franklin More varieties; higher quality; cheaper price

Government Debt Scale of govern. debt Is budget deficit correctly measured? Traditional view of govern. Debt Ricardian equivalence Other possible effects of govern. debt

The Macroeconomic Policy Debate William McChesney Martin The fed.'s job is to take away the punch bowl just as the party gets going 联储的工作是在宴会进行时拿走盛满酒的酒杯。 The economy is inherently unstable

Inflation, Unemployment, and the Phillips Curve Phillips Curve: relationship between inflation and unemployment A..Phillips (1958) \The relationship between unemployment and the rate of change of money wages in the united kingdom, 1861- 1957,\ Economica 25

一、逆向选择事前信息不对称 二、道德风险事后信息不对称

在城市中,住宅是城市的一个重要组成 部分,在城市建设中占有很大的比重, 也是房地产的最大部分。由于人人都需 要住房,所以城市住宅经济是一个与每 个城市居民都有关的经济问题。本章将 介绍住宅的特征与属性,住宅的需求与 供给,住宅的流通

一、单项选择题 1、狭义的公共部门是指() A、各类公共组织B、各级政府部门及组织C、各种公营企业D、各种公用事业部门

1.何谓 Multicollinearity =Xb+a One of the conditions for ols: Tadde+k12

1. Recall the assumption for the CMLRM: (Homoskedasticity) 2. Counterexamples 1、rich family and poor family expenditures; 2、large company and small company sales. There exists heteroskedasticity in lots of econometric problems