Capital account liberalization, financial frictions, and belief-driven fluctuations - Kunieda, Takuma,Nishimura, Kazuo (School of Economics, Kwansei Gakuin University, 2023)
https://ideas.repec.org/p/kgu/wpaper/244.html
Keywords: Graue Literatur; Two-sector growth model; small open economy; financial constraints; heterogeneous agents; dynamic inefficiency; indeterminacy