Net Foreign Asset Positions and Consumption Dynamics in the International Economy.

We examine the effect of non-zero, long-run foreign asset positions on consumption dynamics in response to productivity shocks in a two-country, dynamic, general equilibrium model, with different discount factors across countries populated by overlapping generations of households. We then compare th...

詳細記述

書誌詳細
団体著者: International Monetary Fund
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2005.
シリーズ:IMF Working Papers; Working Paper ; No. 2005/082
オンライン・アクセス:Full text available on IMF