Arbeitspapier
Transfers, non-traded goods, and unemployment : an analysis of the Keynes-Ohlin debate
In the famous debate between Keynes and Ohlin on the transfer problem, the interaction between non-traded goods and unemployment complicates the analysis considerably. We analyze these issues using four different models to conclude that Keynes's concern regarding the large burden imposed on Germany was justified. Simultaneously, we show that Ohlin's presumption that a transfer does not affect the donor's terms-of-trade either favourably or unfavourably was also justified. Moreover, Ohlin was also right in asserting that a transfer tends to lower the price of non-traded goods for the donor and raise them for the recipient.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1588
- Klassifikation
-
Wirtschaft
- Thema
-
Internationaler Transfer
Terms of Trade
Nicht-handelbares Gut
Arbeitslosigkeit
Theorie
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brakman, Steven
van Marrewijk, Charles
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Brakman, Steven
- van Marrewijk, Charles
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2005
Ähnliche Objekte (12)
Does it matter where immigrants work? Traded goods, non-traded goods, and sector specific employment
Unemployment: Walras's Voluntary and Keynes's Involuntary
The unemployment debate : current issues
Input trade liberalisation and wage-inequality with non-traded goods
Input Trade Liberalisation and Wage-inequality with Non-traded Goods
In search of lost reason: Ramsey, Keynes, and the intellectualism debate
Saving and Investment in an Open Economy with Non-Traded Goods
Trade and economic growth: Does the sophistication of traded goods matter?
Exchange Traded Funds
Consumption and real exchange rates in dynamic economies with non-traded goods
The real exchange rate and prices of traded goods in OECD countries
Keynes
Does it matter where immigrants work? Traded goods, non-traded goods, and sector specific employment
Unemployment: Walras's Voluntary and Keynes's Involuntary
The unemployment debate : current issues
Input trade liberalisation and wage-inequality with non-traded goods
Input Trade Liberalisation and Wage-inequality with Non-traded Goods
In search of lost reason: Ramsey, Keynes, and the intellectualism debate
Saving and Investment in an Open Economy with Non-Traded Goods
Trade and economic growth: Does the sophistication of traded goods matter?
Exchange Traded Funds
Consumption and real exchange rates in dynamic economies with non-traded goods
The real exchange rate and prices of traded goods in OECD countries
Keynes
Does it matter where immigrants work? Traded goods, non-traded goods, and sector specific employment
Unemployment: Walras's Voluntary and Keynes's Involuntary
The unemployment debate : current issues
Input trade liberalisation and wage-inequality with non-traded goods
Input Trade Liberalisation and Wage-inequality with Non-traded Goods
In search of lost reason: Ramsey, Keynes, and the intellectualism debate
Saving and Investment in an Open Economy with Non-Traded Goods
Trade and economic growth: Does the sophistication of traded goods matter?
Exchange Traded Funds
Consumption and real exchange rates in dynamic economies with non-traded goods
The real exchange rate and prices of traded goods in OECD countries