Trade Costs, Market Integration, and Macroeconomic Volatility /
This paper examines the effects of trade costs on macroeconomic volatility. We first construct a dynamic, two-country general equilibrium model, where the degree of market integration depends directly on trade costs (transport costs, tariffs, et cetera). The model is a extension of Obstfeld and Rogo...
| Hovedforfatter: | |
|---|---|
| Andre forfattere: | |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2003/054 |
| Online adgang: | Full text available on IMF |