by Robert A. Mundell
Publisher: MacMillan 1968
Topics covered: terms of trade, income transfers, productivity changes, tariffs, consumption taxes, production taxes, transport costs, tariff preferences, factor mobility, policy analysis in the context of general equilibrium systems, the balance of payments, growth, the distribution of the burden of adjustment, optimum currency areas, monetary standards, and fixed and flexible exchange rate systems.
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by Stephanie Schmitt-Grohe, Martin Uribe - Columbia University
The authors develop a theoretical framework for the analysis of the determinants of international capital movements, trade imbalances, and nominal and real exchange rates. The framework is then used as the basis for the discussion of policy issues.
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