" This is a landmark treatment of dynamic, open-economy macroeconomics -- the only kind of macroeconomics that matters any more."
— Paul Romer, Graduate School of Business, Stanford University
" This amazingly comprehensive book provides a lucid explanation of modern macroeconomic theory and applies the theory to a wide range of international issues. For reference and classroom use, it sets a new standard in open economy macroeconomics. The use of boxes and applications in an advanced graduate text such as this is unorthodox, but extremely effective."
— John Campbell, Otto Eckstein Professor of Applied Economics, Harvard University
& quot; This is a landmark treatment of dynamic, open-economy macroeconomics -- the only kind of macroeconomics that matters any more.& quot;
— Paul Romer, Graduate School of Business, Stanford University
& quot; This amazingly comprehensive book provides a lucid explanation of modern macroeconomic theory and applies the theory to a wide range of international issues. For reference and classroom use, it sets a new standard in open economy macroeconomics. The use of boxes and applications in an advanced graduate text such as this is unorthodox, but extremely effective.& quot;
— John Campbell, Otto Eckstein Professor of Applied Economics, Harvard University
"This is a landmark treatment of dynamic, open-economy macroeconomics-- the only kind of macroeconomics that matters any more."
— Paul Romer, Graduate School of Business, Stanford University
"This amazingly comprehensive book provides a lucid explanation of modern macroeconomic theory and applies the theory to a wide range of international issues. For reference and classroom use, it sets a new standard in open economy macroeconomics. The use of boxes and applications in an advanced graduate text such as this is unorthodox, but extremely effective."
— John Campbell, Otto Eckstein Professor of Applied Economics, Harvard University