Safeguarding Free Trade in Recessions : - A Game-Theoretic Interpretation of the Multilateral Policy Response to the 2008 Crisis
I propose a simple approach to trade cooperation in economic shocks. A two-country, two-good trade model provides a stage setting. In a dynamic model, international demand for traded goods is allowed to be subject to sudden shocks. Numerical simulations predict that negative, sustained demand shocks...
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| Format: | Others |
| Language: | English |
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Uppsala universitet, Nationalekonomiska institutionen
2011
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-144966 |