The Terms of Trade and Economic Fluctuations /
A three-good, stochastic intertemporal equilibrium model of a small open economy is used to examine the link between terms of trade and business cycles. Equilibrium co-movements of model economies representing industrial and developing countries are computed and compared with the stylized facts of 3...
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| Formato: | Revista |
| Idioma: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
1992.
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| Series: | IMF Working Papers; Working Paper ;
No. 1992/098 |
| Acceso en liña: | Full text available on IMF |