ERIC Number: EJ675458
Record Type: CIJE
Publication Date: 2002
Growth and the Current Account in a Small Open Economy.
Benge, Matt; Wells, Graeme
Journal of Economic Education, v33 n2 p152-65 Spr 2002
Offers a framework with which to analyze growth in a small economy with perfect capital mobility. Produces a diagrammatic representation of steady states that differs from the usual closed-economy Solow-Swan diagram. Uses the diagrams to compare open economy steady states with closed ones. Illustrate the possibility of endogenous income growth. (JEH)
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Authoring Institution: N/A
Note: The Journal of Economic Education is a refereed journal.