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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Tác giả chính: Neary, J
Định dạng: Journal article
Ngôn ngữ:English
Được phát hành: John Wiley & Sons 1980
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