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Medium term business cycles in developing countries
About This Book
We build a two country asymmetric DSGE model with two features: (i) a product cycle structure determines the range of intermediate goods used to produce new capital in each country and (ii) there are investment flow adjustment costs in the developing economy. We calibrate the model to match the Mexi...
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1h 0m
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180 WPM
0h 43m
average reader
250 WPM
0h 31m
fast reader
350 WPM
π 10,725 wordsπ
2 days at 30 min/day
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43 min
at 250 words per minute
Audiobook (1.5x)
48 min
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1 h 12 min
Audio 2x
36 min
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