Terms of Trade, Exchange Rates and Labor Markets Adjustment in Developing Countries
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This paper uses three models of a small open economy to analyze the effects of terms of trade and exchange rate changes (i.e. devaluations) on labor market adjustment. First, a three goods (exportables, importables, non-tradables), four factors model is developed and used to investigate how an
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美国国家经济研究局创建时间：
1986-12-01
