On the dynamic non-equivalence of tariffs and quotas in the monetary model of the balance of payments: Reply

Mario I. Blejer; Arye L. Hillman

doi:10.1016/0022-1996(85)90063-7

On the dynamic non-equivalence of tariffs and quotas in the monetary model of the balance of payments: Reply

Mario I. Blejer, Arye L. Hillman

Department of Economics

International Monetary Fund

Research output: Contribution to journal › Letter › peer-review

1 Scopus citations

Abstract

This is a reply to a comment by Daniel, Fried and Tower (1984) regarding the observation in Blejer and Hillman (1982) that the adjustment mechanism of the monetary model of the balance of payments provides another instance of tariff quota asymmetry.

Original language	English
Pages (from-to)	381-382
Number of pages	2
Journal	Journal of International Economics
Volume	18
Issue number	3-4
DOIs	https://doi.org/10.1016/0022-1996(85)90063-7
State	Published - May 1985

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On the dynamic non-equivalence of tariffs and quotas in the monetary model of the balance of payments: Reply

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