References and further reading
Bacchetta, P. and E. van Wincoop (2005), ‘A theory of the currency denomination of international trade’, Journal of International Economics, 67 (2), 295-319.
Baxter, M. and A.
Stockman (1989), ‘Business cycles and the exchange rate regime: some international evidence’, Journal of Monetary Economics, 23 (May), 377-400.Bergin, P. (2003), ‘Putting the new open economy macroeconomics to a test’, Journal of International Economics, 60 (1), 3-34.
Betts, C. and M. Devereux (2000), ‘Exchange rate dynamics in a model of pricing-to-market’, Journal of International Economics, 50 (1), 215-44.
Blanchard, O. and N. Kiyotaki (1987), ‘Monopolistic competition and the effects of aggregated demand’, American Economic Review, 77 (4), 647-66.
Corsetti, G. and P. Pesenti (2001), ‘Welfare and macroeconomic interdependence’, Quarterly Journal of Economics, 116 (2), 421-45.
Devereux, M. and C. Engel (2001), ‘The optimal choice of the exchange rate regime: price-setting rules and internationalized production’, in M. Blomstrom and L. Goldberg (eds), Topics in Empirical International Economics: A Festschrift in Honor of Robert E. Lipsey, Chicago, IL and London: University of Chicago Press, pp. 163-94.
Devereux, M. and C. Engel (2002), ‘Exchange rate pass-through, exchange rate volatility, and exchange rate disconnect’, Journal of Monetary Economics, 49 (5), 913-40.
Dornbusch, R. (1976), ‘Expectations and exchange rate dynamics’, Journal of Political Economy, 84 (6), 1161-76.
Fleming, M. (1962), ‘Domestic financial policies under fixed and under floating exchange rates’, IMF Staff Papers, 9, 369-79.
Froot, K., M. Kim and K. Rogoff (1995), ‘The law of one price over seven hundred years’, NBER Working Paper no. 5132, National Bureau of Economic Research, Cambridge, MA.
Gali, J. and T. Monacelli (2005), ‘Monetary policy and exchange rate volatility in a small open economy’, Review of Economic Studies, 72 (3), 707-34.
Goldberg, L. and C. Tille (2008), ‘Vehicle currency use in international trade’, Journal of International Economics, 76 (2), 177-92.
Keynes, J.M. (1930), A Treatise on Money, reprinted in D. Moggridge (ed.) (1971), The Collected Writings of John Maynard Keynes, vols V and VI, London: Macmillan, and Cambridge: Cambridge University Press.
Keynes, J.M. (1936), The General Theory of Employment, Interest and Money, reprinted 1973 in The Collected Writings of John Maynard Keynes, vol. VII, London: Macmillan and St Martin’s Press.
Kollmann, R. (2002), ‘Monetary policy rules in the open economy: effects on welfare and business cycles’, Journal of Monetary Economics, 49 (5), 989-1015.
Lubik, T. and F. Schorfheide (2006), ‘A Bayesian look at new open economy macroeconomics’, NBER Macroeconomics Annual 2005, 20, 313-82.
Meade, J.E. (1951), The Balance of Payment: Mathematical Supplement, Oxford: Oxford University Press.
Meese, R. and K. Rogoff (1983), ‘Empirical exchange rate models of the seventies: do they fit out of sample?’, Journal of International Economics, 14 (1-2), 3-24.
Meese, R. and K. Rogoff (1988), ‘Was it real? The exchange rate-interest differential relation over the modern floating-rate period’, Journal of Finance, 43 (4), 933-48.
Mundell, R. (1961), ‘The international disequilibrium system’, Kyklos, 14 (2), 153-72.
Mundell, R. (1963), ‘Capital mobility and stabilization policy under fixed and flexible exchange rates’, Canadian Journal of Economics and Political Science, 29 (4), 475-85.
Obstfeld, M. and K. Rogoff (1995), ‘Exchange rate dynamics redux’, Journal of Political Economy, 102 (3), 624-40.
Obstfeld, M. and K. Rogoff (1996), Foundations of International Macroeconomics, Cambridge, MA: MIT Press.
Obstfeld, M. and K. Rogoff (2000), ‘New directions for stochastic open economy models’, Journal of International Economics, 50 (1), 117-53.
Obstfeld, M. and K. Rogoff (2001), ‘The six major puzzles in international macroeconomics: is there a common cause?’, NBER Macroeconomics Annual 2000, 15, 339-90.
Samuelson, P. (1947), Foundations of Economic Analysis, Cambridge, MA: Harvard University Press. Schmitt-Grohe, S. and M. Uribe (2012), ‘Pegs and pain’, mimeo, Columbia University.
Smets, F. and R. Wouters (2003), ‘An estimated stochastic dynamic general equilibrium model of the euro area’, Journal of Economic Association, 1 (5), 1123-75.
Vines, D. (2003), ‘John Maynard Keynes 1937-1946: the creation of international macroeconomics: a review article on John Maynard Keynes 1937-1946: fighting for Britain by Robert Skidelsky’, The Economic Journal, 113 (488), F338-F361.
Young, W. and W. Darity Jr (2004), ‘IS-LM-BP: an inquest’, History of Political Economy, 36 (Supplement 1), 127-64.