The Bickerdike-Robinson-Lerner condition and the dynamics of the real exchange rate
This paper presents a dynamic general equilibrium model of the real exchange rate for a semi-small open economy, within the Obstfeld-Svensson-Raziu tradition. The dynamics of the real exchange rate is determined jointly with the dynamics of capital accumulation and external debt, in a neoclassical e...
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| Formato: | workingPaper |
| Idioma: | eng |
| Publicado em: |
2021
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| Texto completo: | http://hdl.handle.net/10400.5/22672 |
| País: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/22672 |