| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3405 |
| DP3405 Non-Linear Monetary Policy Rules: Some New Evidence for the US | |
| Juan Dolado; Ramón María-Dolores; Francisco J. Ruge-Murcia | |
| 发表日期 | 2002-06-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | I argue that increased foreign competition can affect technical choice and skill differentials even when actual imports do not rise significantly. I present a model of General Oligopolistic Equilibrium (?GOLE?) in which a reduction in import barriers (whether technological or policy-imposed) encourages more strategic investment by incumbent firms. The predictions accord with many of the stylised facts: higher skill premia; higher ratios of skilled to unskilled workers employed in all sectors and throughout the economy; little change in import volumes or prices; and rapid technological progress with rather little change in total factor productivity. |
| 主题 | International Trade and Regional Economics |
| 关键词 | General oligopolistic equilibrium (gole) Skill-based technical progress Skill premia Strategic investment Trade and wages |
| URL | https://cepr.org/publications/dp3405 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532427 |
| 推荐引用方式 GB/T 7714 | Juan Dolado,Ramón María-Dolores,Francisco J. Ruge-Murcia. DP3405 Non-Linear Monetary Policy Rules: Some New Evidence for the US. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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