Geographical transmission of economic events
Journal Article
·
· Econ. Geogr.; (United States)
A two-region monetary economy is modeled as a five-equation system. Exogenous events in either region (changes in union wages, labor productivity, and banking policy) or at the national level (money supply changes) cause changes in price levels, wages, employment, and money stocks in both regions. The model structure permits explicit examination of transmission processes. 8 references, 1 figure, 18 tables.
- Research Organization:
- Oak Ridge National Lab., TN
- OSTI ID:
- 6277006
- Journal Information:
- Econ. Geogr.; (United States), Journal Name: Econ. Geogr.; (United States) Vol. 60:2; ISSN ECGEA
- Country of Publication:
- United States
- Language:
- English
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