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- 2018-04-07 发布于湖北
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Foundations of International Macroeconomics1
Workbook2
Maurice Obstfeld, Kenneth Rogoff, and Gita Gopinath
Chapter 7 Solutions
1. (The word ìequiproportionateî in the third line of the statement of this
exercise should be ìlump-sum.î)
(a) With the introduction of tax-financed government spending in the Weil
(1989a) model, the period budget constraint for a family of vintage υ is given
by
kυ = (1 + r ) kυ + w − τ − cυ
t+
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