Theory and Policy of Adjustment in an Open Economy.

Theory and Policy of Adjustment in an Open Economy.

Čájet eará veršuvnnaid (2)

This paper presents a non-technical introduction to the analysis of how an open economy adjusts to exogenous shocks. Three alternative models of adjustment are considered, each one appropriate to a different time horizon: the specific-factors model with transitional unemployment for the short run; t...

Bibliográfalaš dieđut
Váldodahkki:	Neary, J
Materiálatiipa:	Working paper
Giella:	English
Almmustuhtton:	CEPR 1985

Geahča maid

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