Autarkic indeterminacy and trade determinacy
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.
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Volume (Year): 3 (2007)
Issue (Month): 4 ()
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