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Relative Price Volatility Under Sudden Stops: The Relevance of Balance Sheet Effects

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NBER2005-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11492
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资源简介:
Sudden Stops are associated with increased volatility in relative prices. We introduce a model based on information acquisition to rationalize this increased volatility. An empirical analysis of the conditional variance of the wholesale price to consumer price ratio using panel ARCH techniques
创建时间:
2005-07-01
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