Production Interdependence and Welfare
نویسندگان
چکیده
4 Non-technical summary 5
منابع مشابه
Working Paper No. 05-15 Vertical Production and Trade Interdependence and Welfare
We study international transmissions and welfare implications of monetary shocks in a twocountry world with multiple stages of production and multiple boarder-crossings of intermediate goods. This empirically relevant feature is important, as it has opposite implications for two external spillover effects of a unilateral monetary expansion. If all production and trade are assumed to occur in a ...
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تاریخ انتشار 2004