Can Capital Mobility be Destabilizing?
收藏NBER1999-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7263
下载链接
链接失效反馈官方服务：
资源简介：
In a standard two-sector neoclassical model with distortions, capital mobility can render the steady state indeterminate, in the sense that there exist infinitely many convergent paths. In the closed economy with no international capital mobility, the utility function must be linear or close to it
提供机构：
美国国家经济研究局
创建时间：
1999-07-01
