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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Bibliografiska uppgifter
Huvudupphovsman: Choudhri, Ehsan
Övriga upphovsmän: Faruqee, Hamid, Tokarick, Stephen
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2006.
Serie:IMF Working Papers; Working Paper ; No. 2006/304
Länkar:Full text available on IMF