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Medium Term Business Cycles in Developing Countries

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NBER2009-10-01 更新2025-01-04 收录
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We build a two country asymmetric DSGE model with two features: (i) endogenous and slow diffusion of technologies from the developed to the developing country, and (ii) adjustment costs to investment flows. We calibrate the model to match the Mexico-U.S. trade and FDI flows. The model is able to

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2009-10-01
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