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    The Trade Balance in Monetary General Equilibrium

    The Trade Balance in Monetary General Equilibrium

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    • Format
    • Bog, paperback
    • Engelsk

    Beskrivelse

    This title, first published in 1984, is a contribution to applied international trade theory. The author explores the specification and estimation of a multisector general equilibrium model of the open economy. The model is formulated with the aim of assessing empirically the effects of three key policy variables on trade flows, domestic prices, and the trade balance. The policy variables with which the author is concerned are the rate of growth of the stock of domestic credit, commercial policy, as represented by tariffs, and, finally, the exchange rate. This title will be of interest to students of economics.

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    Detaljer
    • SprogEngelsk
    • Sidetal136
    • Udgivelsesdato07-11-2018
    • ISBN139781138633513
    • Forlag Routledge
    • FormatPaperback
    Størrelse og vægt
  • Vægt453 g
    • coffee cup img
    10 cm
    book img
    15,6 cm
    23,4 cm

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    International Economics Trade economy Monetary Endogenous variables Aggregate Price Level Applied Demand Analysis Aggregate Price Index Asymptotic Standard Error Consumption Wealth Ratio Domestic Monetary Expansion Domestic Excess Supplies Expansionary Credit Policy Excess Flow Demand High Powered Money Indirect Utility Function Individual Commodity Prices Marginal Budget Shares Explicit Functional Form Full Information Maximum Likelihood Estimates Monetary General Equilibrium Multisector General Equilibrium Model Instantaneous Utility Function Key Policy Variables Total Expenditure Elasticities Stochastic Specification Positive Definite Symmetric Matrix Monetary Base Nontraded Goods
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