Optimal borrowing constraints and growth in a small open economy
نویسندگان
چکیده
منابع مشابه
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â â â â â â â abstract â outward-oriented economies seem to grow faster than inward-looking ones. does the literature on convergence have anything to say on this? in the dynamic heckscher-ohlin-samuelson model, with factor-price equalization, there is no convergence of incomes. this is because with identical preferences and return to capital, irrespective of initial levels the growth rates o...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2014
ISSN: 0022-1996
DOI: 10.1016/j.jinteco.2014.07.001