Notes on Caballero et al. (2008)
世界的な資産供給不足、国際資本移動、経常収支と均衡実質利子率
Macroeconomics
Production Function
Aggregate Production Function
Microeconomic Foundation
References
Caballero, Ricardo J., Emmanuel Farhi, and Pierre-Olivier Gourinchas. 2008. “An Equilibrium Model of Global Imbalances and Low Interest Rates.” American Economic Review 98 (1): 358–93.