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1、April16,2008Time:07:07pmfm.texDevelopmentMacroeconomics
2、April16,2008Time:07:07pmfm.texDEVELOPMENTTHIRDEDITIONApril16,2008Time:07:07pmfm.texMACROECONOMICSPierre-RichardAgénorandPeterJ.MontielPRINCETONUNIVERSITYPRESSPRINCETONANDOXFORDApril16,2008Time:07:07pmfm.
3、texCopyrightc2008byPrincetonUniversityPressPublishedbyPrincetonUniversityPress,41WilliamStreet,Princeton,NewJersey08540IntheUnitedKingdom:PrincetonUniversityPress,6OxfordStreet,Woodstock,OxfordshireOX201TWAllRightsReservedLibraryofCongressCataloging-in-Publi
4、cationDataAgénor,Pierre-Richard.Developmentmacroeconomics/Pierre-RichardAgénorandPeterK.Montiel.3rded.p.cm.Includesbibliographicalreferencesandindex.ISBN978-0-691-13090-3(cloth:alk.paper)1.DevelopingcountriesEconomicconditions.2.Developmenteconomics.3.Macroec
5、onomics.I.Montiel,Peter.II.Title.HC59.7.A74222008330.9172/4222007061030BritishLibraryCataloging-in-PublicationDataisavailableThisbookhasbeencomposedinTimesRomanandMyriadPrintedonacid-freepaper.∞press.princeton.eduPrintedintheUnitedStatesofAmerica10987654321Ap
6、ril16,2008Time:07:07pmfm.texToourfathers,thelateFrédéricandPedro,fortheirsupportandguidanceApril16,2008Time:07:07pmfm.texApril16,2008Time:07:07pmfm.texContents
7、PrefacetotheThirdEditionXiXIntroductionandOverview11OverviewoftheBook22SomeMethodologicalIssues71
8、S
9、copeofDevelopmentMacroeconomics101HistoricalBackground122EconomicStructureandMacroeconomics142.1OpennesstoTradeinGoodsandAssets152.2Exchange-RateManagement172.3DomesticFinancialMarkets172.4TheGovernmentBudget182.5AggregateSupplyandtheLaborMarket202.6Stability
10、ofPolicyRegimes222.7MacroeconomicVolatilityandFluctuations232.8IncomeInequality273SomeSpecialTopics28PartIMacroeconomicAccounts,MarketStructure,andBehavioralFunctions2
11、AggregateAccounts,Production,andMarketStructure351AGeneralAccountingFramework351.1TheNonfina
12、ncialPrivateSector361.2ThePublicSector371.2.1TheNonfinancialPublicSector371.2.2TheCentralBank381.2.3TheConsolidatedPublicSector391.3TheCommercialBankingSystem401.4AggregateRelationships402
