65 citations
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econ.TH2026
Globalization, economic growth, and innovation: A two-country two-period model
Cuong Le Van, Duc V. Le, Thanh Tam Nguyen-Huu
This paper examines how a developing country can benefit from trade liberalization. We develop a two-period model, comprising an autarky phase and a globalization phase, and a two-…
econ.TH2025★ 2 cited
Comment on 'Asset Bubbles and Overlapping Generations'
Ngoc-Sang Pham, Alexis Akira Toda
Tirole (1985) studied an overlapping generations model with capital accumulation and showed that the emergence of asset bubbles solves the capital over-accumulation problem. His Pr…