Might Global Uncertainty Promote International Trade?
收藏NBER2019-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25606
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Common wisdom dictates that uncertainty impedes tradewe show that uncertainty can fuel more trade in a simple general equilibrium trade model with information frictions. In equilibrium, increases in uncertainty increase both the mean and the variance in returns to exporting implying that trade can
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美国国家经济研究局创建时间：
2019-03-01
