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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13846 |
来源ID | Working Paper 13846 |
Global Rebalancing with Gravity: Measuring the Burden of Adjustment | |
Robert Dekle; Jonathan Eaton; Samuel Kortum | |
发表日期 | 2008-03-07 |
出版年 | 2008 |
语种 | 英语 |
摘要 | We use a forty-two country model of production and trade to assess the implications of eliminating current account imbalances for relative wages, relative GDP's, real wages, and real absorption. How much relative GDP's need to change depends on flexibility of two forms: factor mobility and the adjustment in sourcing of imports, with more flexibility requiring less change. At the extreme, US GDP falls by 30 percent relative to the world's. Because of the pervasiveness of nontraded goods, however, most domestic prices move in parallel with relative GDP, so that changes in real GDP are small. |
主题 | International Economics ; Trade ; International Finance ; International Macroeconomics |
URL | https://www.nber.org/papers/w13846 |
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/571521 |
推荐引用方式 GB/T 7714 | Robert Dekle,Jonathan Eaton,Samuel Kortum. Global Rebalancing with Gravity: Measuring the Burden of Adjustment. 2008. |
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 | ||
w13846.pdf(261KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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