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...

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Hlavní autor: Devereux, Michael
Další autoři: Sutherland, Alan
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2007.
Edice:IMF Working Papers; Working Paper ; No. 2007/284
On-line přístup:Full text available on IMF