Business Cycle Volatility and Openness: An Exploratory Cross-Section Analysis
收藏NBER1992-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4208
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资源简介：
This paper links business cycle volatility to barriers on international mobility of goods and capital. Theory predicts that capital market integration should lower consumption volatility while raising investment volatility, if most shocks are country-specific and transitory. The removal of barriers
提供机构：
美国国家经济研究局
创建时间：
1992-11-01
