Are Windfalls a Curse? A Non-Representative Agent Model of the Current Account and Fiscal Policy
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In several countries temporary terms of trade improvements have led to a deterioration of the current account. Furthermore, many of these countries failed to attain greater post-boom growth rates. The point we make is that the structure of the fiscal process is critical in determining outcomes. If
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美国国家经济研究局创建时间：
1994-08-01
