删除或更新信息,请邮件至freekaoyan#163.com(#换成@)

Shadow prices and trade restrictions in a monetary economy (1999)_香港中文大学

香港中文大学 辅仁网/2017-07-06

Shadow prices and trade restrictions in a monetary economy
Publication in refereed journal


香港中文大学研究人员 ( 现职)
俞肇熊教授
赵志鉅教授 (经济学系)


全文


引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/2WOS source URL

其它资讯

摘要Using a cash-in-advance (CIA) framework, this paper examines the shadow price of foreign exchange under three types of trade restrictions. The CIA constraint creates a consumption distortion that alters the recipient's welfare. If the effective cash requirement for a unit of the exportable becomes smaller (larger), foreign transfer improves (reduces) welfare and hence the shadow price is greater (less) than unity. Both cases of untied and tied foreign transfer are examined.

着者Chao CC, Yu ESH
期刊名称JOURNAL OF MACROECONOMICS
出版年份1999
月份9
日期1
卷号http://aims.cuhk.edu.hk/converis/portal/Publication/21
期次4
出版社LOUISIANA STATE UNIV PR
页次755 - 764
国际标準期刊号0164-0704
语言英式英语

Web of Science 学科类别Business & Economics; Economics; ECONOMICS

相关话题/语言 经济 国际 香港中文大学 学科