Christopulos, Dēmētrēs K. (contributor); … - 2008
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Keywords: Real exchange rate; capital in ows constraint; overlapping generations.
We wish to thank Menzie Chinn, Mike Devereux … longer constrained in steady state. In contrast, by making use of
overlapping generations, our model allows the steady state … reaches a constrained steady state with lower
income per capita.3
We use an overlapping generations setting of a constrained …