高级国际金融学教程习题答案2文档.pdfVIP

Foundations of International Macroeconomics1 Workbook2 Maurice Obstfeld, Kenneth Rogoff, and Gita Gopinath Chapter 2 Solutions 1. (a) The current account identity can be written as B = (1+r)B +T B . s+1 s s Now just plug in the assumed trade balance rule. (b) Using the answer to part a, for any ξ 0, ∞ µ s−t ∞ µ s−t X