In a general equilibrium model of trade under transportation costs between two cities we show how the relative population sizes are simultaneously detennined with the degree of geographic concentration of industries characterized by different elasticities of scale of production. The effect on...

The presence of inflation has induced the financial institutions to implement procedures devised to protect the real values of theirs loans. Two of such procedurcs, the floaaing rale scheme and the monetary correction mechanism, tend to lead to very different streams of payments. However,...