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Transfers, non-traded goods, and unemployment : an analysis of the Keynes-Ohlin debate

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dc.creator Brakman, Steven
dc.creator van Marrewijk, Charles
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:36Z
dc.date.available 2013-10-16T07:02:36Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19052
dc.identifier ppn:503742376
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19052
dc.description In the famous debate between Keynes and Ohlin on the transfer problem, the interaction between non-traded goods and unemployment complicates the analysis considerably. We analyze these issues using four different models to conclude that Keynes?s concern regarding the large burden imposed on Germany was justified. Simultaneously, we show that Ohlin?s presumption that a transfer does not affect the donor?s terms-of-trade either favourably or unfavourably was also justified. Moreover, Ohlin was also right in asserting that a transfer tends to lower the price of non-traded goods for the donor and raise them for the recipient.
dc.language eng
dc.relation CESifo working papers 1588
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject B0
dc.subject O1
dc.subject F0
dc.subject ddc:330
dc.subject Internationaler Transfer
dc.subject Terms of Trade
dc.subject Nicht-handelbares Gut
dc.subject Arbeitslosigkeit
dc.subject Theorie
dc.subject Deutschland <bis 1945>
dc.title Transfers, non-traded goods, and unemployment : an analysis of the Keynes-Ohlin debate
dc.type doc-type:workingPaper


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