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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| Materialtyp: | Journal article |
| Språk: | English |
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John Wiley & Sons
1980
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Nontraded Goods and the Balance of Trade in a Neo-Keynesian Temporary Equilibrium.
Publicerad 1980
Journal article
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Nontraded goods and the balance of trade in a neo-Keynesian temporary equilibrium
Publicerad 1980
Journal article