Tariffs and Employment: An Intertemporal Approach
John Fender and
Economic Journal, 1989, vol. 99, issue 397, 806-17
This paper studies the effects of tariffs in a two-period, two-good, macroeconomic model. The first period is characterized by unemployment and either nominal or real wage rigidities. In the second period, all prices are flexible and markets clear. Consumer behavior is based on intertemporal optimization. The effects of a temporary and an anticipated tariff on the exchange rate and employment are derived and discussed; both fixed and flexible exchange rate regimes are considered. Some attention is also given to alternative policies as ways of increasing employment. Copyright 1989 by Royal Economic Society.
References: Add references at CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://links.jstor.org/sici?sici=0013-0133%2819890 ... 0.CO%3B2-B&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ecj:econjl:v:99:y:1989:i:397:p:806-17
Ordering information: This journal article can be ordered from
http://www.blackwell ... al.asp?ref=0013-0133
Access Statistics for this article
Economic Journal is currently edited by Martin Cripps, Steve Machin, Woulter den Haan, Andrea Galeotti, Rachel Griffith and Frederic Vermeulen
More articles in Economic Journal from Royal Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing ().