期刊名称:COWLES Foundation Discussion Paper / Cowles Foundation for Research in Economics
出版年度:2001
卷号:2001
期号:1
出版社:Yale University
摘要:Our purpose in this paper is to unify international trade and finance in a single general equilibrium model. Our model is rich enough to include multiple commodities (including traded and nontraded goods), heterogeneous consumers in each country, multiple time periods, multiple credit markets, and multiple currencies. Yet our model is simple enough to be effectively computable. We explicitly calculate the financial and real effects of changes in tariffs, productivity, and preferences, as well as the effects of monetary and fiscal policy.