Costly Adjustment and Limited Borrowing: A Welfare Analysis of Policiesto Achieve External Balance
收藏NBER1987-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2315
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资源简介：
This paper develops an analytical framework for the analysis of adjustment to adverse shocks in the presence of limited access to the international credit market. We consider an economy producing traded and non-traded goods and experiencing a permanent, unanticipated drop in the availability of
提供机构：
美国国家经济研究局
创建时间：
1987-07-01
