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...
| Tác giả của công ty: | |
|---|---|
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2005.
|
| Loạt: | IMF Working Papers; Working Paper ;
No. 2005/082 |
| Truy cập trực tuyến: | Full text available on IMF |