This was primarily due to transactions with the EU budget, i.e. strong increase in...payments of direct subsidies to the domestic agricultural sector from the EU...
(1995) review the contributions that model the impact of such polarization
on budget...As long as the economy retains access to international credit markets, the...
β −
−σ +η
∑
0
1 1
0
0
max exp
1 1
(1)
subject to a nominal budget...Furthermore, both types
16 We need adjustment costs to enter households’...
