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Control Number77308
Date and Time of Latest Transaction20110811104408.AM
General Information110811s |||||||||b ||00|||
Cataloging SourcePCASTRD-DOST
Language Codeeng
Main Entry - Personal NameHarvie, Charles
Title StatementOil production and macroeconomic adjustment under different wage assumptions
Physical Description355-369
Summary, Etc.Oil production and its macroeconomic effects were given extensive coverage, in the UK inparticular, during the early 1980s, using the principles of the Dornbusch 91976) model. However this framework has proved to be inadequate owing to its exclusion of wealth effects from developments in the current account, and by its insufficient attention to non-oil output supply considerations. This paper attempts to overcome such deficiencies in analysing the macroeconomic effects of oil production, and is based upon an economy where the spending effect from oil production dominates the resource movement effect
Subject Added Entry - Topical TermMacroeconomic adjustment
 
     
 
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