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Obstfeld and Rogoff's International Macro Puzzles: A Quantitative Assessment

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NBER2015-12-01 更新2025-01-04 收录
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Obstfeld and Rogoff (2001) propose that trade frictions lie behind key puzzles in international macroeconomics. We take a dynamic multicountry model of international trade, production, and investment to data from 19 countries to assess this proposition quantitatively. Using the framework developed

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2015-12-01
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