Would protectionism defuse global imbalances

and spur economic activity?

A scenario analysis

更多

Hamid Faruqee

International Monetary Fund

Douglas Laxton

International Monetary Fund

Dirk Muir

Bank of Canada

Paolo Pesenti

Federal Reserve Bank of New York, NBER and CEPR

This draft: October 2006

We thank Matt Canzoneri, Mick Devereux, Dale Henderson, Christina Knowles, Gian Maria

Milesi-Ferretti, Stephen Tokarick and Dietrich Vollrath, as well as two anonymous referees, for

helpful comments and suggestions. We also thank Susanna Mursula and Chris Tonetti for invaluable

assistance. The views expressed in this paper are those of the authors and should not be attributed

to the International Monetary Fund, its Executive Board or its management, the Bank of Canada,

the Federal Reserve Bank of New York, the Federal Reserve System, or any other institution with

which the authors are a¢ liated.

收起