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 where the literature is not well developed. The main difference, from the standard applications, is the role of saving and its implication for the balance of payments. Though...