Tariffs, Employment and the Current Account: Real Wage Resistance and the Macroeconomics of Protectionism
收藏NBER1987-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2261
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资源简介:
Using a standard complete specialization model of a small open economy within a rigorous intertemporal optimization framework with contract- based wage rigidity, we show that permanent tariffs may lead to a current account deterioration and a fall in employment, contradicting most of the literature
提供机构:
美国国家经济研究局
创建时间:
1987-05-01



