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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Andere auteurs: | , |
Formaat: | Tijdschrift |
Taal: | English |
Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2006.
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Reeks: | IMF Working Papers; Working Paper ;
No. 2006/304 |
Online toegang: | Full text available on IMF |