Solving for Country Portfolios in Open Economy Macro Models /

This paper presents a general approximation method for characterizing time-varying equilibrium portfolios in a two-country dynamic general equilibrium model. the method can be easily adapted to most dynamic general equilibrium models, it applies to environments in which markets are complete or incom...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Devereux, Michael
Weitere Verfasser: Sutherland, Alan
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2007.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2007/284
Online Zugang:Full text available on IMF
LEADER 01579cas a2200253 a 4500
001 AALejournalIMF009425
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451868470 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Devereux, Michael. 
245 1 0 |a Solving for Country Portfolios in Open Economy Macro Models /  |c Michael Devereux, Alan Sutherland. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2007. 
300 |a 1 online resource (27 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper presents a general approximation method for characterizing time-varying equilibrium portfolios in a two-country dynamic general equilibrium model. the method can be easily adapted to most dynamic general equilibrium models, it applies to environments in which markets are complete or incomplete, and it can be used for models of any dimension. Moreover, the approximation provides simple, easily interpretable closed form solutions for the dynamics of equilibrium portfolios. 
538 |a Mode of access: Internet 
700 1 |a Sutherland, Alan. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2007/284 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2007/284/001.2007.issue-284-en.xml  |z IMF e-Library