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The Impact of Terms of Trade Shocks on a Small Open Economy: A Stochastic Analysis

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NBER1991-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3916
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This paper investigates the impact of change in the terms of trade on the economic performance of a small economy. Both the effects of unanticipated shocks and changes in the mean and variance of the probability distribution generating these disturbances are discussed. In all cases, the key element
提供机构:
美国国家经济研究局
创建时间:
1991-11-01
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