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-FeldWertSprache
dc.contributor.authorBhattacharjee, Arnaben
dc.contributor.authorChadha, Jagjit S.en
dc.contributor.authorSun, Qien
dc.date.accessioned2011-10-21T16:53:32Z-
dc.date.available2011-10-21T16:53:32Z-
dc.date.issued2008-
dc.identifier.urihttp://hdl.handle.net/10419/50633-
dc.description.abstractWe 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.isoengen
dc.publisher|aUniversity of Kent, Department of Economics |cCanterburyen
dc.relation.ispartofseries|aDepartment of Economics Discussion Paper |x08,08en
dc.subject.jelE32en
dc.subject.jelF32en
dc.subject.jelF41en
dc.subject.ddc330en
dc.subject.keywordcurrent account dynamicsen
dc.subject.keywordreal exchange ratesen
dc.subject.keywordincomplete marketsen
dc.subject.keywordfinancial frictionsen
dc.subject.stwUngleichgewichtiges Wachstumen
dc.subject.stwOffene Volkswirtschaften
dc.subject.stwHome Bias Puzzleen
dc.subject.stwProduktivitäten
dc.subject.stwKonjunkturen
dc.subject.stwDynamisches Gleichgewichten
dc.subject.stwOECD-Staatenen
dc.titleProductivity, preferences and UIP deviations in an open economy business cycle model-
dc.typeWorking Paperen
dc.identifier.ppn576822485en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
406.48 kB





Publikationen in EconStor sind urheberrechtlich geschützt.