Autarkic Indeterminacy and Trade Determinacy

Nicholas C.S. Sim and Kong-Weng Ho
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Nicholas C.S. Sim: Department of Economics, Boston College, USA
Kong-Weng Ho: Division of Economics,School of Humanities and Social Sciences, Nanyang Technological University, Singapore

No 706, Economic Growth Centre Working Paper Series from Nanyang Technological University, School of Social Sciences, Economic Growth Centre

Abstract: We extend the model of Nishimura and Shimomura (2002) to consider a two-country framework where under autarky indeterminacy arises in one country but determinacy in the other, and show that indeterminacy could be eliminated when trade takes place between the two.

Keywords: Indeterminacy; Trade; Two-Country Framework. (search for similar items in EconPapers)
JEL-codes: E32 F00 F11 F43 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2007-06
New Economics Papers: this item is included in nep-int, nep-mac, nep-opm and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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Journal Article: Autarkic indeterminacy and trade determinacy (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:nan:wpaper:0706

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