Trade Liberalization, Macroeconomic Adjustment, and Welfare : Unifying Trade and Macro Models /

Trade liberalization leads to long-run gains, but it can also involve costly short-run macroeconomic adjustment. The paper explores the relative importance of these effects within a dynamic general equilibrium model that captures key elements of both international trade and macroeconomic models. The...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Choudhri, Ehsan
Weitere Verfasser: Faruqee, Hamid, Tokarick, Stephen
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2006.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2006/304
Online Zugang:Full text available on IMF