Trade Reforms of Uncertain Duration and Real Uncertainty : A First Approximation /

This paper examines trade reforms of uncertain duration undertaken in economies subject to real foreign and domestic shocks. These reforms induce consumption and import booms regardless of whether they succeed or fail and of the degree of intertemporal elasticity of substitution. If tariff revenue i...

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Bibliografske podrobnosti
Glavni avtor: Calvo, Guillermo
Drugi avtorji: Mendoza, Enrique
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1994.
Serija:IMF Working Papers; Working Paper ; No. 1994/045
Online dostop:Full text available on IMF