Publications [#238417] of Kent P. Kimbrough

Journal Articles

1. Kimbrough, KP, Real disturbances, the current account, and the exchange rate. The case of a tariff, Journal of International Economics, vol. 13 no. 3-4 (January, 1982), pp. 291-300, Elsevier BV, ISSN 0022-1996
   (last updated on 2024/04/24)

   Abstract:
   This paper examines the effects of an unanticipated tariff on the current account and the exchange rate. It is demonstrated that if nontraded goods and importables are substitutes (complements) in excess demand, the imposition of a tariff will (may) lead to a current account surplus (deficit) and an appreciation (depreciation) of the domestic currency. The model can be extended to analyze the effects of other real disturbances on the current account and the exchange rate. © 1982.