Equilibrium in a Non-Interest Open Economy.
This paper analyzes an economy in which there are no interest-bearing assets, only equity shares. Equilibrium conditions are derived for the case of a closed economy, an open economy with trade in goods only, and finally one with trade in both goods and equity shares. It is shown that the rate of re...
Tác giả của công ty: | |
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Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
1988.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 1988/111 |
Truy cập trực tuyến: | Full text available on IMF |