Protection, the Wage Response and Exchange Rate Dynamics: A Two-Country Analysis

This paper studies the relation between trade policy and macroeconomic variables in a flexible exchange rate world. Applying a symmetric two-country model, we determine the effects of a tariff on the exchange rate, employment and real income at home and abroad, taking explicitly into account exchange rate dynamics and either nominal or real wage strickiness.

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Year of publication:	1988-09
Authors:	Nielsen, Søren Bo
Institutions:	Økonomisk Institut, Københavns Universitet

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Series:	Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 88-12 23 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005749572