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Tariffs and exchange rate dynamics redux (2000)_香港中文大学

香港中文大学 辅仁网/2017-07-06

Tariffs and exchange rate dynamics redux
Publication in refereed journal


香港中文大学研究人员 ( 现职)
叶创基教授 (经济学系)


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引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/8WOS source URL

其它资讯

摘要This paper builds a two-country intertemporal macroeconomic model similar to one developed recently by Obstfeld and Rogoff. Imperfectly competitive producer/consumers maximize an intertemporal utility function with consumption, real money balances and output as arguments. We use the framework to examine both the short-run and steady-state effects of the imposition of a tariff in one of the countries. This results in a fall in the tariff imposer's output in both the steady state and in the short run, A small tariff may make a country worse off (contrary to the usual result under perfect competition). Spillover effects are also considered. (C) 2000 Elsevier Science Ltd. All rights reserved. JEL classification: F13; F41.

着者Fender J, Yip CK
期刊名称Journal of International Money and Finance
出版年份2000
月份10
日期1
卷号19
期次5
出版社ELSEVIER SCI LTD
页次633 - 655
国际标準期刊号0261-5606
电子国际标準期刊号1http://aims.cuhk.edu.hk/converis/portal/Publication/873-0639
语言英式英语

关键词imperfect competition; intertemporal optimization; tariffs
Web of Science 学科类别Business & Economics; Business, Finance; BUSINESS, FINANCE

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