Foundations of International Macroeconomics

Ranked #71 in Macroeconomics

"Maury Obstfeld and Ken Rogoff are among the very best international macroeconomists working today. They are the perfect people to write the book we badly need -- a comprehensive, lucid treatment of the field that is neither sloppy nor doctrinaire, equipping its readers to understand both the broad areas of agreement among researchers and their important disputes. This book is ideal as a textbook, but it will also be a must-read for everyone in the field, no matter how senior. The chapters on sticky-price models, in particular, will, I predict, revolutionize the terms of the debate. A great... more

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