Trade Policy under Endogenous Credibility
收藏NBER1987-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2449
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Because trade liberalization which is anticipated to be temporary creates a divergence between the effective domestic rate of interest and the world rate of interest, tariff-reduction in the presence of international financial asset trade may reduce welfare for a small country. Calvo has argued that
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美国国家经济研究局创建时间：
1987-11-01
