Asada, Toichiro; Chiarella, Carl; Flaschel, Peter; … - Finance Discipline Group, Business School - 2003
In this paper we investigate the closed-economy Keynes-Wicksell-Goodwin model of Chiarella and Flaschel (2000) for the case of two interacting open economies. We introduce these coupled two-country KWG dynamics on the extensive form level by means of a subdivision into nine modules describing...
