GTAP Resources: Resource Display
GTAP Resource #2998 |
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"A Simple Global Perspective on the US Slowdown, Boom-Bust Cycles and the Rise of Protectionism" by Medina, Juan Pablo and Pablo S. Garcia Abstract In this paper we develop a multi-region DSGE model for the global economy suited to understand the join determination of exchange rates, trade balances and commodity prices across the world. We analyze several international phenomena through the lens of the model. First, we consider the US slowdown and its international propagation. Second, we explore a global boom-bust cycle driven by overoptimistic perspectives for the productivity and its relationship with current account rebalancing. Finally, we analyze the global economic consequences of protectionism. |
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- Economic development - North America |
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Public Access 2009 Conference Paper (489.5 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM