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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Detalles Bibliográficos
Autor Principal: Shiells, Clinton
Outros autores: Francois, Joseph
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/267
Acceso en liña:Full text available on IMF