Nontraded goods and the balance of trade in a neo-Keynesian temporary equilibrium

This paper explores the implications for international monetary economics of recent work on macroeconomic models of temporary equilibrium with rationing. A model of a small open economy is presented, which, though fully consistent in the long run with the monetary approach to the balance of payments...

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Dettagli Bibliografici
Autore principale: Neary, J
Natura: Journal article
Lingua:English
Pubblicazione: John Wiley & Sons 1980
Soggetti:

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