Financial Development and the Instability of Open Economies
收藏NBER2004-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10246
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资源简介：
This paper introduces a framework for analyzing the role of financial factors as a source of instability in small open economies. Our basic model is a dynamic open economy model with a tradeable good produced with capital and a country-specific factor. We also assume that firms face credit
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美国国家经济研究局创建时间：
2004-01-01
