ad-hoc model). Keywords: Overlapping Generations, Two-sector Models, Multiplier, Keynesian Cross. JEL …, C, I and k, do not change. Also note that Rybczinski Theorem—a veritable Pandora’s box in two sector models—plays no …

Two-sector models with traded and non-traded goods have problems accounting for the stylized fact that the real … Trade Liberalization Kristian J�nssony Sveriges Riksbank January 4, 2005 Abstract Two-sector models with traded and non … (V�gh (1992) and Uribe (2002)). Two- sector models with traded and non-traded goods that have often been used to analyze …

model of endogenous growth. By examining two-sector models of endogenous growth with human capital formation, we show that …