Macroeconomic Adjustment to Resource Shock in a Growing Two-sector Economy
This thesis focuses on the issues that face small open economies well endowed with natural resources and subject to external shocks such as changes in their terms of trade or in the world interest rate. Chapter 2 examines the Dutch disease problem in a model with capital accumu: lation and an open i...
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University of Oxford
2007
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.485461 |