| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055438 | Economic Modelling | 2011 | 11 Pages |
Abstract
⺠We model the optimal trade policy in a 2-country Nash tariff game with inside money. ⺠We examine the effects of inside money on the tariff retaliation of both countries. ⺠Inside money favours the borrowing country and impairs welfare of lending country. ⺠The amount of inside money issued depends on the 2-country s utility preferences.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jun Yu, Shunming Zhang,