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ERIC Number: EJ670517
Record Type: Journal
Publication Date: 2001
Pages: N/A
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-0022-0485
The Simple Expenditure Model with Trade: How Should We Model Imports?
Cherry, Robert
Journal of Economic Education, v32 n1 p53-57 Win 2001
Models imports as a fixed proportion of spending rather than as a function of total or disposable income. Predicts the initial autonomous change in domestic spending by netting out spending shifts. Presents formulation which provides a clearer understanding of how leakages influence the multiplier process. (RLH)
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A