Leith, Campbell B.; Moldovan, Ioana R.; Rossi, Raffaele - 2009
Constraint Combining the series of the representative
consumer’s flow budget constraints, (2), with borrowing constraints that … firmsisthesameirrespectiveofnatureoffinal
goods pricing to consumers or the government.
2.4 Equilibrium
In the absence of sector-specific shocks or other forms …