Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen:
https://hdl.handle.net/10419/50633
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Bhattacharjee, Arnab | en |
dc.contributor.author | Chadha, Jagjit S. | en |
dc.contributor.author | Sun, Qi | en |
dc.date.accessioned | 2011-10-21T16:53:32Z | - |
dc.date.available | 2011-10-21T16:53:32Z | - |
dc.date.issued | 2008 | - |
dc.identifier.uri | http://hdl.handle.net/10419/50633 | - |
dc.description.abstract | We show that a flex-price two-sector open economy DSGE model can explain the poor degree of international risk sharing and exchange rate disconnect. We use a suite of model evaluation measures and examine the role of (i) traded and non-traded sectors; (ii) financial market incompleteness; (iii) preference shocks; (iv) deviations from UIP condition for the exchange rates; and (v) creditor status in net foreign assets. We find that there is a good case for both traded and non-traded productivity shocks as well as UIP deviations in explaining the puzzles. | en |
dc.language.iso | eng | en |
dc.publisher | |aUniversity of Kent, Department of Economics |cCanterbury | en |
dc.relation.ispartofseries | |aDepartment of Economics Discussion Paper |x08,08 | en |
dc.subject.jel | E32 | en |
dc.subject.jel | F32 | en |
dc.subject.jel | F41 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | current account dynamics | en |
dc.subject.keyword | real exchange rates | en |
dc.subject.keyword | incomplete markets | en |
dc.subject.keyword | financial frictions | en |
dc.subject.stw | Ungleichgewichtiges Wachstum | en |
dc.subject.stw | Offene Volkswirtschaft | en |
dc.subject.stw | Home Bias Puzzle | en |
dc.subject.stw | Produktivität | en |
dc.subject.stw | Konjunktur | en |
dc.subject.stw | Dynamisches Gleichgewicht | en |
dc.subject.stw | OECD-Staaten | en |
dc.title | Productivity, preferences and UIP deviations in an open economy business cycle model | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 576822485 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Datei(en):
Publikationen in EconStor sind urheberrechtlich geschützt.