Aggregate Spending and the Terms of Trade: Is There a Laursen-Metzler Effect?
收藏NBER1981-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0686
下载链接
链接失效反馈官方服务：
资源简介：
This paper investigates the spending and current-account effects of permanent terms-of-trade shifts in a model where households maximize utility over an infinite planning period. In the framework we adopt, an economy specialized in production must experience a fall in aggregate spending and a
提供机构：
美国国家经济研究局
创建时间：
1981-06-01
