Transpacific Trade Imbalances: Causes and Cures
نویسندگان
چکیده
منابع مشابه
Dynamic Patterns of Trade Imbalances
Based on the recursive preference approach, the dynamic and global properties of the two-country open economy are examined with one good and inputs of labor and capital, with capital being freely traded internationally. First by showing that the world’s consumption increases (resp. decreases) with an increase (resp. decrease) in the world’s capital, the global stability of the economy is obtain...
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ژورنال
عنوان ژورنال: The World Economy
سال: 2006
ISSN: 0378-5920,1467-9701
DOI: 10.1111/j.1467-9701.2006.00783.x