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International Borrowing to Finance Investment

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NBER1986-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1865
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The motives of a small country for borrowing to purchase capital equipment on international markets are studied. The country produces tradable capital and a nontradable consumption good and borrows or lends capital to achieve higher levels of welfare. A shift in time-preference favoring future over
创建时间:
1986-03-01
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