Deterioration of the Terms of Trade and Capital Accumulation: A Reexamination of the Laursen-Metzler Effect
收藏NBER1988-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2616
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资源简介：
This paper analyzes the effects of both a permanent and a temporary deterioration In the terms of trade on a small open economy. The model, based on intertemporal optimization, emphasizes the labor-leisure choice and the role of capital accumulation There are two main conclusions to be drawn from
提供机构：
美国国家经济研究局
创建时间：
1988-06-01
