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Keywords: Non-traded sector
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Journal Articles
Journal:
Journal of Economic Studies
Journal of Economic Studies (2019) 46 (3): 710–726.
Published: 02 August 2019
... economy under a flexible exchange rate. Design/methodology/approach The paper uses a two-sector framework: one sector is traded and another is the non-traded sector that is subject to an effective demand constraint. The current account imbalance arises due to the discrepancy between production...
