Arbeitspapier

Imperfect Competition

This paper constructs a general equilibrium model of imperfect competition and international trade and investigates the international transmissions of country specific aggregate demand shocks, such as changes in taste and fiscal policies. The impacts of coordinated fiscal expansion and of transfer payments are also discussed. The model has some curios resemblance with earlier Keynesian models of open economies, notably of the Machlup-Metzler variety, which emphasize the role of foreign trade multipliers in income determination in interdependent national economies.

Sprache
Englisch

Erschienen in
Series: Discussion Paper ; No. 947

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Matsuyama, Kiminori
Ereignis
Veröffentlichung
(wer)
Northwestern University, Kellogg School of Management, Center for Mathematical Studies in Economics and Management Science
(wo)
Evanston, IL
(wann)
1991

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Matsuyama, Kiminori
  • Northwestern University, Kellogg School of Management, Center for Mathematical Studies in Economics and Management Science

Entstanden

  • 1991

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