Demographics in Dynamic Heckscher-Ohlin Models: Overlapping Generations Versus Infinitely Lived Consumers
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A preliminary version of this paper with the title "On Dynamic Heckscher-Ohlin Models I: General Framework and Overlapping Generations" was circulated in January 2003. Kehoe thanks the National Science Foundation for support. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.