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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w0839 |
来源ID | Working Paper 0839 |
Structural Differences and Macroeconomic Adjustment to Oil Price Increases in a Three-Country Model | |
Nancy Peregrim Marion; Lars E.O. Svensson | |
发表日期 | 1982 |
出版年 | 1982 |
语种 | 英语 |
摘要 | In this paper a three-country model based on intertemporal maximizing behavior is constructed in order to analyze the effects of oil price increases on welfare levels and trade balance positions. The model can also be used to assess the effects of oil price increases on the world interest rate, on the final goods terms of trade between oil importers (what is sometimes called the real exchange rate), and on output, investment and savings levels, oil imports, wages, and consumption at each date. The analysis highlights the role of structural asymmetries between oil importers in accounting for differences in trade balance responses. A number of structural differences are isolated in turn in order to determine their influence on the final goods terms of trade, which is the key factor in affecting relative trade balance positions. |
主题 | International Economics |
URL | https://www.nber.org/papers/w0839 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558051 |
推荐引用方式 GB/T 7714 | Nancy Peregrim Marion,Lars E.O. Svensson. Structural Differences and Macroeconomic Adjustment to Oil Price Increases in a Three-Country Model. 1982. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w0839.pdf(463KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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