The Trade Balance in Monetary General Equilibrium Routledge Library Editions: Monetary Economics Series
Auteur : Clements Kenneth W.
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.
Acknowledgements; List of Illustrations; List of Tables; 1. Introduction 2. Model 3. Econometric Results 4. Applications: Devaluation, Tariffs and Domestic Monetary Expansion 5. Summary and Conclusions; Appendix; Bibliography
Date de parution : 04-2017
15.6x23.4 cm
Date de parution : 11-2018
15.6x23.4 cm
Disponible chez l'éditeur (délai d'approvisionnement : 14 jours).
Prix indicatif 27,70 €
Ajouter au panierThèmes de The Trade Balance in Monetary General Equilibrium :
Mots-clés :
Monetary; Economics; Economy; Trade; International; Marginal Budget Shares; Monetary General Equilibrium; Full Information Maximum Likelihood Estimates; Multisector General Equilibrium Model; Domestic Excess Supplies; Nontraded Goods; Positive Definite Symmetric Matrix; Stochastic Specification; Aggregate Price Index; Domestic Monetary Expansion; Excess Flow Demand; Expansionary Credit Policy; Instantaneous Utility Function; Key Policy Variables; Monetary Base; High Powered Money; Consumption Wealth Ratio; Total Expenditure Elasticities; Explicit Functional Form; Applied Demand Analysis; Indirect Utility Function; Individual Commodity Prices; Asymptotic Standard Error; Aggregate Price Level; Endogenous Variables