Structural Differences and Macroeconomic Adjustment to Oil Price Increases in a Three-Country Model
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In this paper a three-country model based on intertemporal maximizing behavior is constructed in order to analyze the effects of oil price increases on welfare levels and trade balance positions. The model can also be used to assess the effects of oil price increases on the world interest rate, on
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美国国家经济研究局创建时间：
1982-01-01
