International Financial Adjustment in a Canonical Open Economy Growth Model

02 October 2016
Dr. Ildiko Magyari

NERA Consultant Dr. Ildiko Magyari co-authored a discussion paper titled “International Financial Adjustment in a Canonical Open Economy Growth Model”, published in the Working Paper Series of the National Bureau of Economic Research. This paper studies the importance of international financial adjustment in a standard open economy growth model with a well-defined steady level of foreign liabilities.