The Nexus of Persistent Trade Surplus and High GDP Growth: Theory and Evidence
所属单位:国际工商管理学院主题:TheNexusofPersistentTradeSurplusandHighGDPGrowth:TheoryandEvidence报告人:郭美新清华大学经济与管理学院助理教授时间:2016-12-1514:00至15:30地点:国际工商管理学院108AbstractNetexporthasaneffectonmoneysupplyandcreditinthedomesticcreditmarketand,asaresult,couldindirectlyaffectoutputintheprivatesectors.Inthispaperweprovideamodeltocapturethisindirecteffectofnetexportonoutputandshowthatpersistenttradesurplushasapositiveeffectondomesticoutput.However,acrucialconditionforsuchamechanismtoworkisthatthenominalinterestratehastob
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