ECONOMIC GROWTH AND THE CURRENT ACCOUNT IN LARGE COUNTRIES

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概要

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• This paper discusses current account movements of large countries in terms of an intertemporal model. It is shown that anticipated current income shock may lead to current account deficit for a large open economy. This might happen even when the economy is not immiserized. This outcome is never possible in 'small' economy type models which have been extensively discussed in the literature.

• 慶應義塾大学の論文

著者

• Marjit Sugata

  Jadavpur University

関連論文

• ECONOMIC GROWTH AND THE CURRENT ACCOUNT IN LARGE COUNTRIES
• FACTOR UNDERUTILIZATION AND THE THEORY OF INTERNATIONAL TRADE

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