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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Detalhes bibliográficos
Autor principal: Mendoza, Enrique
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1992.
Colecção:IMF Working Papers; Working Paper ; No. 1992/098
Acesso em linha:Full text available on IMF