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...

Description complète

Détails bibliographiques
Auteur principal: Shiells, Clinton
Autres auteurs: Francois, Joseph
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2008.
Collection:IMF Working Papers; Working Paper ; No. 2008/267
Accès en ligne:Full text available on IMF