Dynamic Factor Price Equalization and International Income Convergence /
The paper develops a tractable way to incorporate the micro structure of dual models of international trade into a standard class of dynamic open-economy macro models. In the process, it develops the concept of a dynamic factor price equalization set and an integrated intertemporal equilibrium. A nu...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2008.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2008/267 |
| On-line přístup: | Full text available on IMF |