6533b82dfe1ef96bd1291218
RESEARCH PRODUCT
The shadow price of foreign exchange with minimum wages
Udo Kreickemeiersubject
MacroeconomicsEconomics and EconometricsGeneral equilibrium theoryShadow pricemedia_common.quotation_subjectSmall open economyVoluntary export restraintsDual (category theory)UnemploymentEconomicsForeign exchangeMinimum wageFinancemedia_commondescription
Abstract This note derives the shadow price of foreign exchange in a small open economy with minimum wage unemployment under tariffs, quotas and voluntary export restraints. The analysis is conducted in a dual general equilibrium framework with many goods and factors.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2001-09-01 | Economics Letters |