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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Dettagli Bibliografici
Autore principale: Shiells, Clinton
Altri autori: Francois, Joseph
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/267
Accesso online:Full text available on IMF