Reviving the Salter-Swan Small Open Economy Model
NBER Working Paper No. 27447
---- Acknowledgments ----
We thank Jeffrey Frankel for commissioning this work for the 2020 ISOM conference. We thank for comments Jeffrey Frankel, Tommaso Monacelli and participants at the 2020 ISOM conference. Ken Teoh provided excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.