gains from trade. Those gains are realized through exchange rate adjustments that cause a temporary reallocation of … containment policies that aim at optimizing global welfare further enhances the ability of countries to exploit trade …

This paper investigates the impact of long-run terms-of-trade shocks. Analytically, we show that, if capital goods are … during 1965-89. Favorable terms-of-trade shocks increase investment and (especially government) consumption, but reduce …, but Dutch Disease effects are strikingly absent. Investment, consumption, and nontradable output respond more to a terms-of-trade …

exchange rate, foreign prices, and terms of trade have long-run effects on inflation, while the money supply and interest rate …

This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected … euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area …