Medium Term Business Cycles in Developing Countries
This paper studies the transmission of business cycle fluctuations for developed (N ) to developing economies (S ) with a two-country, asymmetric, DSGE model with endogenous development of new technologies in N, and sunk costs of exporting and transferring the production of the intermediate goods to...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Language: | en_US |
| Published: |
American Economic Association
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/20534 |