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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Shiells, Clinton
Weitere Verfasser: Francois, Joseph
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/267
Online Zugang:Full text available on IMF