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A Gains from Trade Perspective on Macroeconomic Fluctuations

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NBER2011-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17291
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资源简介:
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into the potential mechanisms driving economic fluctuations
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2011-08-01
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