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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Bibliografski detalji
Glavni autor: Choudhri, Ehsan
Daljnji autori: Faruqee, Hamid, Tokarick, Stephen
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2006.
Serija:IMF Working Papers; Working Paper ; No. 2006/304
Online pristup:Full text available on IMF