1st Edition

The Trade Balance in Monetary General Equilibrium

ISBN 9781138633513
Published November 5, 2018 by Routledge
136 Pages

USD $26.95

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Book Description

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.

Table of Contents

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

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