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Capital goods imports, the real exchange rate and the current account.

By: Serven, Luis.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1994Subject(s): Trade | Investments -- Exchange rate. -- Investments -- Exchange rateSummary: This paper examines the macro-economic role of trade in capital good using an aggregate intertemporal model in which investment and consumption are determined optimally and investment is subsect to adjustment costs.
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This paper examines the macro-economic role of trade in capital good using an aggregate intertemporal model in which investment and consumption are determined optimally and investment is subsect to adjustment costs.

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