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Martin, Philippe J.; Mayer, Thierry; Thoenig, Mathias - In: Journal of the European Economic Association 6 (2008) 2/3, pp. 541-550

Persistent link: https://www.econbiz.de/10003725620

Varieties and the transfer problem : the extensive margin of current account adjustment

Corsetti, Giancarlo (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003647662

International portfolios with supply, demand and redistributive shocks

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The geography of conflicts and free trade agreements

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Varieties and the transfer problem : the extensive margin of current account adjustment

Corsetti, Giancarlo; Martin, Philippe J.; Pesenti, Paolo A. - 2008

"Most analyses of the macroeconomic adjustment required to correct global imbalances ignore net exports of new varieties of goods and services and do not account for firms' entry in the product market. In this paper we revisit the macroeconomics of trade adjustment in the context of the classic...