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The Dynamics of the U.S. Trade Balance and Real Exchange Rate: The J Curve and Trade Costs?

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NBER2019-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w25563
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资源简介:
We study how changes in trade barriers contributed to the dynamics of the US trade balance and real exchange rate since 1980 - a period when trade tripled. Using two dynamic trade models, we decompose fluctuations in the trade balance into terms related to trade integration (global and unilateral)
提供机构:
美国国家经济研究局
创建时间:
2019-02-01
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