Documentos e informes

Energy prices, substitution, and optimal borrowing in the short run : an analysis of adjustment in oil importing developing countries (Inglés)

Abstracto en inglés

This paper discusses optimal short-term borrowing in response to an increase in the price of imported inputs. The rationale for borrowing lies in the increase in substitution possibilities in production (between imported and domestic inputs) and in consumption...  Vea más +


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