IDEAS home Printed from https://ideas.repec.org/p/wiw/wiwwuw/wuwp101.html
   My bibliography  Save this paper

Vom kurzfristigen zum mittelfristigen Gleichgewicht in einer offenen Volkswirtschaft unter fixen und flexiblen Wechselkursen

Author

Listed:
  • Harald Badinger

    () (Department of Economics, Vienna University of Economics & B.A.)

  • Ingrid Kubin

    () (Department of Economics, Vienna University of Economics & B.A.)

Abstract

Das makroökonomische Lehrbuch von Oliver Blanchard (2006) sowie dessen deutschsprachige Adaption durch Gerhard Illing (2006) haben sich an vielen Universitäten als Standardliteratur etabliert, die sich in der Lehre sehr gut bewährt. Bemerkenswert ist insbesondere die sorgfältige Analyse von kurz- und mittelfristigen Gleichgewichten und den entsprechenden Anpassungsprozessen, die für die geschlossene Wirtschaft im Rahmen eines kombinierten IS-LM/AS-AD Modells explizit und überzeugend dargestellt werden. Für die offene Volkswirtschaft werden entsprechende Anpassungsprozesse jedoch nur angedeutet. Da dieser Bereich von Studierenden erfahrungsgemäß als schwierig empfunden wird, versuchen wir im folgenden Artikel, diese Anpassungsprozesse explizit auszuarbeiten und so die Argumentation zu ergänzen und zu vertiefen.

Suggested Citation

  • Harald Badinger & Ingrid Kubin, 2007. "Vom kurzfristigen zum mittelfristigen Gleichgewicht in einer offenen Volkswirtschaft unter fixen und flexiblen Wechselkursen," Department of Economics Working Papers wuwp101, Vienna University of Economics and Business, Department of Economics.
  • Handle: RePEc:wiw:wiwwuw:wuwp101
    Note: PDF Document
    as

    Download full text from publisher

    File URL: http://www.wu-wien.ac.at/inst/vw1/papers/wu-wp101.pdf
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Gstach, Dieter & Grandner, Thomas, 1998. "Restricted immigration in a two-sector economy," Department of Economics Working Paper Series 358, WU Vienna University of Economics and Business.
    2. Pasquale Commendatore & Ingrid Kubin, "undated". "The dynamics of wages and employment in a model of monopolistic competition and efficient bargaining," Modeling, Computing, and Mastering Complexity 2003 03, Society for Computational Economics.
    3. Gstach, Dieter, 2003. "A statistical framework for estimating output-specific efficiencies," Department of Economics Working Paper Series 354, WU Vienna University of Economics and Business.
    4. Grandner, Thomas, 2000. "A note on unionized firms' incentive to integrate vertically," Department of Economics Working Paper Series 1276, WU Vienna University of Economics and Business.
    5. Wehinger, Gert D., 1997. "Exchange rate-based stabilization. Pleasant monetary dynamics?," Department of Economics Working Paper Series 356, WU Vienna University of Economics and Business.
    6. Thomas Grandner, 1998. "Market Shares of Price Setting Firms and Trade Unions," Department of Economics Working Papers wuwp061, Vienna University of Economics and Business, Department of Economics.
    7. Klausinger, Hansjörg, 2002. "Walras' Law in stochastic macro models. The example of the optimal monetary instrument," Department of Economics Working Paper Series 914, WU Vienna University of Economics and Business.
    8. repec:wiw:wus005:6284 is not listed on IDEAS
    9. Dieter Gstach & Andrew Somers & Susanne Warning, 2003. "Output specific efficiencies: The case of UK private secondary schools," Department of Economics Working Papers wuwp084, Vienna University of Economics and Business, Department of Economics.
    10. Heise, Arne, 2001. "Das Konzept einer nachhaltigen Finanzpolitik aus heterodoxer Sicht. Ein Diskussionsbeitrag," Department of Economics Working Paper Series 1396, WU Vienna University of Economics and Business.
    11. Gstach, Dieter, 1998. "Technical efficiency in noisy multi-output settings," Department of Economics Working Paper Series 1282, WU Vienna University of Economics and Business.
    12. repec:wiw:wus005:6288 is not listed on IDEAS
    13. repec:wiw:wus005:6281 is not listed on IDEAS
    14. Klausinger, Hansjörg, 1999. "The stability of full employment. A reconstruction of chapter 19-Keynesianism," Department of Economics Working Paper Series 552, WU Vienna University of Economics and Business.
    15. Bernhard Mahlberg & Thomas Url, 2003. "Effects of the single market on the Austrian insurance industry," Empirical Economics, Springer, vol. 28(4), pages 813-838, November.
    16. Christian Ragacs & Thomas Steinberger & Martin Zagler, 1998. "Growth Theories and the Persistence of Output Fluctuations: The Case of Austria," Department of Economics Working Papers wuwp060, Vienna University of Economics and Business, Department of Economics.
    17. Arne Heise, 2000. "Theorie optimaler Lohnräume. Zur Lohnpolitik in der Europäischen Währungsunion," Department of Economics Working Papers wuwp073, Vienna University of Economics and Business, Department of Economics.
    18. Altzinger, Wilfried, 1998. "Austria's foreign direct investment in Central and Eastern Europe. "supply based" or "market driven"?," Department of Economics Working Paper Series 1566, WU Vienna University of Economics and Business.
    19. Christian Ragacs & Martin Zagler, 1997. "Economic Policy in a Model of Endogenous Growth," Department of Economics Working Papers wuwp053, Vienna University of Economics and Business, Department of Economics.
    20. Kocher, Martin G. & Luptacik, Mikulas & Sutter, Matthias, 2006. "Measuring productivity of research in economics: A cross-country study using DEA," Socio-Economic Planning Sciences, Elsevier, vol. 40(4), pages 314-332, December.
    21. repec:wiw:wus005:6298 is not listed on IDEAS
    22. Dieter Gstach & Thomas Grandner, 1998. "Restricted Immigration in a Two-Sector Economy," Department of Economics Working Papers wuwp055, Vienna University of Economics and Business, Department of Economics.
    23. Christian Bellak, 1999. "Explaining Foreign Ownership By Comparative and Competitive Advantage: Empirical Evidence," Department of Economics Working Papers wuwp062, Vienna University of Economics and Business, Department of Economics.
    24. Heise, Arne, 2000. "Postkeynesianische Beschäftigungstheorie. Einige prinzipielle Überlegungen," Department of Economics Working Paper Series 1246, WU Vienna University of Economics and Business.
    25. Zagler, Martin, 1996. "Long-run monetary non-neutrality in a model of endogenous growth," Department of Economics Working Paper Series 470, WU Vienna University of Economics and Business.
    26. repec:wiw:wus005:6277 is not listed on IDEAS
    27. Martin Zagler, 2011. "Endogenous Growth, Efficiency Wages, and Persistent Unemployment," Review of Economics & Finance, Better Advances Press, Canada, vol. 1, pages 34-42, April.
    28. Gstach, Dieter, 1998. "Small sample performance of two approaches to technical efficiency estimation in noisy multiple output environments," Department of Economics Working Paper Series 1190, WU Vienna University of Economics and Business.
    29. Hansjoerg Klausinger, 1999. "The Stability of Full Employment. A Reconstruction of Chapter 19-Keynesianism," Department of Economics Working Papers wuwp063, Vienna University of Economics and Business, Department of Economics.
    30. Dieter Gstach, 1998. "Technical Efficiency in Noisy Multi-Output Settings," Department of Economics Working Papers wuwp059, Vienna University of Economics and Business, Department of Economics.
    31. Christian Bellak, 2000. "The Investment Development Path of Austria," Department of Economics Working Papers wuwp075, Vienna University of Economics and Business, Department of Economics.
    32. Dieter Gstach, 1996. "A new approach to stochastic frontier estimation: DEA+," Department of Economics Working Papers wuwp039, Vienna University of Economics and Business, Department of Economics.
    33. Engelbert Stockhammer, 1999. "Robinsonian and Kaleckian Growth. An Update on Post-Keynesian Growth Theories," Department of Economics Working Papers wuwp067, Vienna University of Economics and Business, Department of Economics.
    34. repec:wiw:wus005:6305 is not listed on IDEAS
    35. repec:wiw:wus005:6279 is not listed on IDEAS
    36. repec:wiw:wus005:6280 is not listed on IDEAS
    37. Thomas Grandner, 2000. "A Note on Unionized Firms' Incentive to Integrate Vertically," Department of Economics Working Papers wuwp070, Vienna University of Economics and Business, Department of Economics.
    38. repec:wiw:wus005:6295 is not listed on IDEAS
    39. Altzinger, Wilfried, 1995. "Beschäftigungseffekte des österreichischen Osthandels. 1989 - 1994," Department of Economics Working Paper Series 570, WU Vienna University of Economics and Business.
    40. Wilfried Altzinger, 1996. "Beschäftigungseffekte des österreichischen Osthandels," Department of Economics Working Papers wuwp034, Vienna University of Economics and Business, Department of Economics.
    41. Klausinger, Hansjörg, 2000. "Walras' law and the IS-LM model. A tale of progress and regress," Department of Economics Working Paper Series 1326, WU Vienna University of Economics and Business.
    42. repec:wiw:wus005:6297 is not listed on IDEAS
    43. repec:wiw:wus005:6308 is not listed on IDEAS
    44. Dieter Gstach, 2003. "A Statistical Framework for Estimating Output-Specific Efficiencies," Department of Economics Working Papers wuwp083, Vienna University of Economics and Business, Department of Economics.
    45. Grandner, Thomas, 2000. "Optimal contracts for vertically connected, unionized duopolies," Department of Economics Working Paper Series 1588, WU Vienna University of Economics and Business.
    46. Ragacs, Christian, 2002. "Minimum wages, human capital, employment and growth," Department of Economics Working Paper Series 224, WU Vienna University of Economics and Business.
    47. Thomas Grandner, 2000. "Optimal Contracts for Vertically Connected, Unionized Duopolies," Department of Economics Working Papers wuwp071, Vienna University of Economics and Business, Department of Economics.
    48. Hansjoerg Klausinger, 2000. "Walras' Law and the IS-LM Model. A Tale of Progress and Regress," Department of Economics Working Papers wuwp069, Vienna University of Economics and Business, Department of Economics.
    49. Gstach, Dieter, 1996. "A new approach to stochastic frontier estimation: DEA+," Department of Economics Working Paper Series 298, WU Vienna University of Economics and Business.
    50. Grandner, Thomas, 1998. "Market shares of price setting firms and trade unions," Department of Economics Working Paper Series 236, WU Vienna University of Economics and Business.
    51. Engelbert Stockhammer, 2000. "Explaining European Unemployment: Testing the NAIRU Theory and a Keynesian Approach," Department of Economics Working Papers wuwp068, Vienna University of Economics and Business, Department of Economics.
    52. Gerhard Munduch & Alexander Pfister & Leopold Sögner & Alfred Stiassny, 2002. "Estimating Marginal Costs for the Austrian Railway System," Department of Economics Working Papers wuwp078, Vienna University of Economics and Business, Department of Economics.
    53. Dieter Gstach, 1998. "Small Sample Performance of Two Approaches to Technical Efficiency Estimation with Multiple Outputs," Department of Economics Working Papers wuwp058, Vienna University of Economics and Business, Department of Economics.
    54. Munduch, Gerhard & Pfister, Alexander & Sögner, Leopold & Stiassny, Alfred, 2002. "Estimating marginal costs for the Austrian railway system," Department of Economics Working Paper Series 854, WU Vienna University of Economics and Business.
    55. Gstach, Dieter & Somers, Andrew & Warning, Susanne, 2003. "Output specific efficiencies. The case of UK private secondary schools," Department of Economics Working Paper Series 1164, WU Vienna University of Economics and Business.
    56. repec:wiw:wus005:6286 is not listed on IDEAS
    57. repec:wiw:wus005:6285 is not listed on IDEAS
    58. Thomas Grandner, 1997. "Territoriale Evolution von Kooperation in einem Gefangenendilemma," Department of Economics Working Papers wuwp045, Vienna University of Economics and Business, Department of Economics.
    59. Hansjoerg Klausinger, 1997. "Die Alternativen zur Deflationspolitik Brünings im Lichte zeitgenössischer Kritik," Department of Economics Working Papers wuwp049, Vienna University of Economics and Business, Department of Economics.
    60. repec:wiw:wus005:6294 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wiw:wiwwuw:wuwp101. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Department of Economics). General contact details of provider: http://www.wu.ac.at/economics/en .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.