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Interest Rate Equalization and Patterns of Production, Trade and Consumption in a Two‐country Growth Model*

1974; Wiley; Volume: 50; Issue: 4 Linguagem: Inglês

10.1111/j.1475-4932.1974.tb00206.x

1475-4932

Stanley Fischer, Jacob A. Frenkel,

Economic Theory and Policy

Economic RecordVolume 50, Issue 4 p. 555-580 Interest Rate Equalization and Patterns of Production, Trade and Consumption in a Two-country Growth Model* Stanley Fischer, Stanley Fischer Massachusetts Institute of TechnologySearch for more papers by this authorJacob A. Frenkel, Jacob A. Frenkel University of Chicago and Tel-Aviv UniversitySearch for more papers by this author Stanley Fischer, Stanley Fischer Massachusetts Institute of TechnologySearch for more papers by this authorJacob A. Frenkel, Jacob A. Frenkel University of Chicago and Tel-Aviv UniversitySearch for more papers by this author First published: December 1974 https://doi.org/10.1111/j.1475-4932.1974.tb00206.xCitations: 8 *We would like to thank Rudiger Dornbusch and Michael Mussa of the University of Rochester for their helpful suggestions and Rev. Michael P. Kalosh and Dora Raber for programming assistance. Useful comments were received when a preliminary version of the paper was presented at the International Economics Workshop of the University of Chicago. Parts of the work on this paper were done while Fischer was at the University of Chicago and the Hebrew University, Jerusalem. Frenkel's research was supported, in part, by the Foerder Institute for Economic Research. AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onEmailFacebookTwitterLinkedInRedditWechat References 1 Bardhan, P. K., ‘Equilibrium Growth in the International Economy’, Quarterly Journal of Economics, Vol. LXXIX, August 1965, pp. 455–64. 10.2307/1882708 Web of Science®Google Scholar 2 Bardhan, P. K., ‘On Factor Accumulation and the Pattern of International Specialization’, Review of Economic Studies, Vol. XXXIII, January 1966, pp. 39–44. 10.2307/2296639 Web of Science®Google Scholar 3 Fischer, S. and J. A. Frenkel, ‘Investment, the Two-Sector Model and Trade in Debt and Capital Goods’, Journal of International Economics, Vol. II, August 1972, pp. 211–33. 10.1016/0022-1996(72)90001-3 Web of Science®Google Scholar 4 Fischer, S. and J. A. Frenkel, ‘ Interest Rate Equalization and Patterns of Production, Trade and Consumption in a Two-country Growth Model’. Report No. 7340, Center for Mathematical Studies in Business and Economics, University of Chicago, June 1973. Google Scholar 5 Fischer, S. and J. A. Frenkel, ‘ Economic Growth and Stages of the Balance of Payments: A Theoretical Model’, in G. Horwich and P. A. Samuelson (eds.), Trade, Stability, and Macroeconomics: Essays in Honor of L. A. Metsler (Academic Press, New York , 1974), pp. 503–21. 10.1016/B978-0-12-356750-5.50026-8 Google Scholar 6 Frenkel, J. A., ‘A Theory of Money, Trade and the Balance of Payments in a Model of Accumulation’, Journal of International Economics, Vol. I, May 1971, pp. 159–87. 10.1016/0022-1996(71)90054-7 Web of Science®Google Scholar 7 Frenkel, J. A., and S. Fischer. International Capital Movements along Balanced Growth Paths: Comments and Extension’, Economic Record, Vol. 48, June 1972, pp. 266–71. 10.1111/j.1475-4932.1972.tb01554.x Web of Science®Google Scholar 8 Johnson, H. G., ‘Trade and Growth: A Geometrical Exposition’, Journal of International Economics, Vol. I, February 1971, pp. 83–101. 10.1016/0022-1996(71)90017-1 Web of Science®Google Scholar 9 Kemp, M. C., The Pure Theory of International Trade and Investment (Prentice-Hall, Englewood Cliffs , N.J. , 1969). Google Scholar 10 Oniki, H. and H. Uzawa, ‘Patterns of Trade and Investment in a Dynamic Model of International Trade’, Review of Economic Studies, Vol. XXXII, January 1965, pp. 15–38. 10.2307/2296328 Web of Science®Google Scholar 11 Samuelson, P. A., ‘ Equalization of the Interest Rate along with the Real Wage’, in R. E. Baldwin (ed.), Trade, Growth and the Balance of Payments (Rand McNally, Chicago , 1965). Google Scholar 12 Stiglitz, J. E., ‘Factor Prices Equalization in a Dynamic Economy’, Journal of Political Economy, Vol. 78, June 1970, pp. 456–88. 10.1086/259644 Web of Science®Google Scholar 13 Uzawa, H., ‘On a Two-Sector Model of Economic Growth II’, Review of Economic Studies, Vol. XXX, June 1963, pp. 105–118. 10.2307/2295808 Web of Science®Google Scholar Citing Literature Volume50, Issue4December 1974Pages 555-580 ReferencesRelatedInformation