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[null,"1.","Record Nr.",null,"UNINA9910788416603321"]
[null,null,"Autore",null,"Choudhri Ehsan"]
[null,null,"Titolo",null,"Trade Liberalization, Macroeconomic Adjustment, and Welfare : : Unifying Trade and Macro Models / / Ehsan Choudhri, Hamid Faruqee, Stephen Tokarick"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2006"]
[null,null,"ISBN",null,"1-4623-3162-9"]
[{"$nulls":4},"1-4527-6526-X"]
[{"$nulls":4},"1-283-51225-4"]
[{"$nulls":4},"1-4519-1017-7"]
[{"$nulls":4},"9786613824707"]
[null,null,"Descrizione fisica",null,"1 online resource (28 p.)"]
[null,null,"Collana",null,"IMF Working Papers"]
[null,null,"Soggetti",null,"Free trade - Econometric models"]
[{"$nulls":4},"Structural adjustment (Economic policy) - Econometric models"]
[{"$nulls":4},"Exports and Imports"]
[{"$nulls":4},"Foreign Exchange"]
[{"$nulls":4},"Macroeconomics"]
[{"$nulls":4},"Taxation"]
[{"$nulls":4},"Trade Policy"]
[{"$nulls":4},"International Trade Organizations"]
[{"$nulls":4},"Macroeconomics: Consumption"]
[{"$nulls":4},"Saving"]
[{"$nulls":4},"Wealth"]
[{"$nulls":4},"Currency"]
[{"$nulls":4},"Foreign exchange"]
[{"$nulls":4},"International economics"]
[{"$nulls":4},"Public finance & taxation"]
[{"$nulls":4},"Trade liberalization"]
[{"$nulls":4},"Exchange rate flexibility"]
[{"$nulls":4},"Conventional peg"]
[{"$nulls":4},"Tariffs"]
[{"$nulls":4},"Consumption"]
[{"$nulls":4},"Commercial policy"]
[{"$nulls":4},"Tariff"]
[{"$nulls":4},"Economics"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","\"December 2006.\""]
[null,null,null,"Nota di bibliografia","Includes bibliographical references (p. 20-21)."]
[null,null,"Nota di contenuto",null,"\"\"Contents\"\"; \"\"I. INTRODUCTION\"\"; \"\"II. THEORETICAL FRAMEWORK\"\"; \"\"III. QUANTITATIVE ANALYSIS\"\"; \"\"IV. CONCLUSIONS\"\"; \"\"REFERENCES\"\""]
[null,null,null,"Sommario/riassunto","Trade liberalization leads to long-run gains, but it can also involve costly short-run macroeconomic adjustment. The paper explores the relative importance of these effects within a dynamic general equilibrium model that captures key elements of both international trade and macroeconomic models. The welfare effect of trade liberalization is decomposed into a steady-state efficiency gain and a transitional loss associated with wage-price stickiness. Our estimates show that the transitional loss is small relative to the steady-state gain, and tends to be lower under flexible as compared to fixed exchange rates. We also show that the loss can be reduced further by a flexible price-level targeting policy rule."]