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...
| Korporativna značnica: | |
|---|---|
| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
1988.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 1988/111 |
| Online dostop: | Full text available on IMF |