Consider again the leader-follower model from sections 81, Econometrics

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Consider again the leader-follower model from sections 81

Rates of return in the leader-follower model

Consider again the leader-follower model from sections 8.1 and 8.2. a. Are the rates of return constant in the two countries? Which rate of return is higher? b. What happens if the leader and follower countries share a common, perfect credit market?

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Econometrics: Consider again the leader-follower model from sections 81

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Econometrics: Consider again the leader-follower model from sections 81

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