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Economic growth and fertility rate cycles

โœ Scribed by Kazuo Nishimura; Vijit Kunapongkul

Publisher
Elsevier Science
Year
1991
Tongue
English
Weight
609 KB
Volume
1
Category
Article
ISSN
0960-0779

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Extending model, this paper analyzes an international economy where cash or credit can be used for payment. Foreign trade credit is more costly than its domestic analog. A depreciation of the real exchange rate is associated with an external surplus and a reduced share of imports purchased with cre