On Regional Effects of Government Policies in a Small Open Economy
研究小开放经济中不同区域非均衡状况如何影响政府政策的短期效果，假设一区域因劳动力短缺而生产受限，另一区域因有效需求不足而失业，并分析浮动与固定汇率下的政策影响。
A regionalized version of a disequilibrium model of a small open economy is used to study how different regional disequilibrium situations affect the shortrun impacts of government policies. Production of goods in one region is assumed to be constrained due to lack of labor, while there is unemployment in the other region due to lack of effective demand (so-called Keynesian unemployment). The impacts of government policies are analyzed under both flexible and fixed exchange rates.