Nominal and financial frictions in international business cycle : a DSGE approach
In this thesis I address three stylized facts widely debated in international economics. The first is the positive correlation between macroeconomic volatility and degree of international financial openness in developing countries. The second is the huge and persistent increase in U.S. trade deficit...
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London School of Economics and Political Science (University of London)
2006
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.441300 |