in Cambridge Journal of Economics
January 2018; p ublished online July 2017 .
Journal Article. Subjects: Microeconomics; General Aggregative Models; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; International Finance; Macroeconomic Aspects of International Trade and Finance. 19636 words.
We develop a three-country, stock-flow-consistent macroeconomic model to study the effects of changes in both personal and functional income...
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