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...
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Weitere Verfasser: | , |
Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2006.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2006/304 |
Online Zugang: | Full text available on IMF |