haku: @author Fender, J. / yhteensä: 5
viite: 2 / 5
Tekijä: | Fender, J. Yip, C. |
Otsikko: | Tariffs and exchange rate dynamics redux |
Lehti: | Journal of International Money and Finance
2000 : OCT, VOL. 19:5, p. 633-656 |
Asiasana: | TARIFFS IMPERFECT COMPETITION OPTIMIZATION |
Kieli: | eng |
Tiivistelmä: | This paper builds a two-country intertemporal macroeconomic model similar to one developed recently by Obstfeld and Rogoff. Imperfectly competitive producer/ consumer maximize an intertemporal utility function with consumption, real money balances and output as arguments. The authors use the framework to examine both the short-run and steady-state effects of the imposition of a tariff in one of the countries. |
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