Coffee, economic fluctuations and stabilisation: An intertemporal disequilibrium model with capital market imperfections

This paper develops a two-period disequilibrium model of a small open economy under Keynesian unemployment to analyse the effects of temporary, anticipated, and permanent coffee price shocks. The model includes a government sector that administers a commodity price stabilisation fund, and allows for...

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Detalles Bibliográficos
Autor Principal: Otero, Jesus
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: 2000
Acceso en línea: