This is a preview. Log in through your library . Abstract Even 30 years after Rothschild and Stiglitz's (1976) seminal work on competitive insurance markets with adverse selection, existence and ...

This is a preview. Log in through your library . Abstract We examine the roles of consumption externalities in a variety-expansion growth model. By assuming that the R&D sector is more skilled labor ...

This paper analyzes how a model where goods are endogenously nontraded can help explain the relationship between the current account and real exchange rate fluctuations. We formulate a small open ...