The shadow price of foreign exchange with minimum wages

被引:2
|
作者
Kreickemeier, U [1 ]
机构
[1] Univ Mainz, Inst Allgemeine & Aussenwirtschaftstheorie, D-55099 Mainz, Germany
关键词
foreign exchange; general equilibrium; shadow price; trade distortions; unemployment;
D O I
10.1016/S0165-1765(01)00454-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
This note derives the shadow price of foreign exchange in a small open economy with minimum wage unemployment under tariffs, quotas and voluntary export restraints. The analysis is conducted in a dual general equilibrium framework with many goods and factors. (C) 2001 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:369 / 373
页数:5
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