The Trade Balance in Monetary General Equilibrium: 1st Edition (Paperback) book cover

The Trade Balance in Monetary General Equilibrium

1st Edition

By Kenneth W. Clements


132 pages

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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

About the Series

Routledge Library Editions: Monetary Economics

The volumes in this set, originally published between 1934 and 1994, draw together research by leading academics in the area of monetary economics and provides a rigorous examination of related key issues. The volumes examine monetary management and policy, equilibrium theory and credit rationing, as well as the general principles and practices of monetary economics. This set will be of particular interest to students of economics and finance.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Money & Monetary Policy
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / Economics / Theory