An Asset-Pricing View of External Adjustment
收藏NBER2007-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13468
下载链接
链接失效反馈官方服务：
资源简介：
Recent evidence on the importance of cross-border equity flows calls for a rethinking of the standard theory of external adjustment. We introduce equity holdings and portfolio choice into an otherwise conventional open-economy dynamic equilibrium model. Our model is simple and admits a closed-form
提供机构：
美国国家经济研究局
创建时间：
2007-10-01
