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  • Shin-ichi Fukuda, Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows (University of Chicago Press, 1994), chap. 8, https://www.nber.org/books-and-chapters/macroeconomic-linkage-savings-exchange-rates-and-capital-flows/endogenous-exchange-rate-fluctuations-under-flexible-exchange-rate-regime.

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