Tariffs, Capital Accumulation, and the Current Account in a Small Open Economy
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This paper analyze these effects of a tariff in an intertemporal optimizing model, emphasizing the role of capital accumulation. Three types of increases in the tariff rate are considered: (i) unanticipated permanent; (ii) unanticipated temporary; (iii) anticipated permanent. There are two main
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美国国家经济研究局创建时间:
1988-12-01



