Essays on international macroeconomics
Paper 1: We investigate the international distribution of external balances using a world economy model featuring country-specific macroeconomic uncertainty. Incomplete international financial markets and a collateral constraint on borrowing both serve to limit risk-sharing opportunities. In this en...
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University of Kent
2016
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| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.693840 |