Browsing Norges Banks vitenarkiv by Subject "optimal saving"
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Optimal Dutch Disease
(Working Papers;3/2003, Working paper, 2003)Growth models of the Dutch disease, such as those of Krugman (1987), Matsuyama (1992), Sachs and Warner (1995) and Gylfason et al. (1999), explain why resource abundance may reduce growth. The literature, however, also ...