International Business Cycles with Endogenous Incomplete Markets
收藏NBER2000-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7870
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资源简介:
Backus, Kehoe and Kydland (1992), Baxter and Crucini (1995) and Stockman and Tesar (1995) find two major discrepancies between standard international business cycle models with complete markets and the data: In the models, cross-country correlations are much higher for consumption than for output,
提供机构:
美国国家经济研究局
创建时间:
2000-09-01



