Sven W. Arndt (Claremont McKenna College), J. David Richardson
The contributions in this book identify and take up an important problem in international economics -- the split in theoretical and empirical work in international finance and in international trade. This book is unique in attempting to link these two aspects of the international economy together.The eight chapters explore the way exchange rates and international capital movements interact with industrial structure, comparative advantage, and sectoral wage patterns, focusing on results that are valuable to both real and financial analysis in open economies. The principal sources of...
The contributions in this book identify and take up an important problem in international economics -- the split in theoretical and empirical work ...