Interest Rates and World Trade: An 'Austrian' Perspective
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This paper develops a framework to study the interplay between world trade and interest rates. The model incorporates an explicit notion of time and of production length, along the lines of the Austrian tradition of Bhm-Bawerk (1889). Changes in the interest rate affect production lengths, labor
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美国国家经济研究局创建时间：
2023-01-01
