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Description

This book applies modern micro-founded macroeconomic models to some of the most important economic policy questions facing monetary and macroeconomic policymakers. Key issues that are surveyed include: consumption investment; growth and business cycles; the role of government; asset pricing; the interaction of monetary and fiscal policy; open-economy issues; stabilisation policy and general equilibrium analyses of emerging market crises. Technically rigorous and summarising major research breakthroughs, this book gathers specially commissioned chapters from leading experts and offers a road map to the future of macroeconomics.

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