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Equilibrium in a Non-Interest Open Economy

Equilibrium in a Non-Interest Open Economy »

Source: Equilibrium in a Non-Interest Open Economy

Volume/Issue: 1988/111

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 1988

ISBN: 9781451944983

Keywords: equity shares, adjustment process, open economy, domestic equity, balance of payments

This paper analyzes an economy in which there are no interest-bearing assets, only equity shares. Equilibrium conditions are derived for the case of a closed economy, an open economy with trade in goods only, and f...

Equilibrium in a Non-Interest Open Economy

Equilibrium in a Non-Interest Open Economy »

Volume/Issue: 1988/111

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 1988

DOI: http://dx.doi.org/10.5089/9781451944983.001

ISBN: 9781451944983

Keywords: equity shares, adjustment process, open economy, domestic equity, balance of payments

This paper analyzes an economy in which there are no interest-bearing assets, only equity shares. Equilibrium conditions are derived for the case of a closed economy, an open economy with trade in goods only, and f...