Oliveira, João Gabriel de Araujo; Vieira, Beatriz Estulano - In: PSL quarterly review 77 (2024) 308, pp. 89-104
This paper expands Baranzini's (1991) approach by introducing the assumption of an open economy to a model of capital accumulation in an intergenerational framework. Our results show the importance of government activity and foreign trade interrelations in determining the path of the income...