Lecca, Patrizio; McGregor, Peter G.; Swales, J. Kim - In: Economic Modelling 31 (2013) C, pp. 160-176
We present a stylized intertemporal forward-looking model that accommodates key regional economic features, an area … its implication for the balance of payments. Though maintaining dynamic forward-looking behaviour for agents, the rate of … similarities and the differences between myopic and forward-looking models, highlighting the divergences amongst the main …