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Consumption and Real Exchange Rates in Dynamic Economies with Non-Traded Goods

Backus, David K.; Smith, Gregor W. - Economics Department, Queen's University - 1993

We examine the possibility that nontraded goods may account for several striking features of international macroeconomic data: large, persistent deviations from purchasing power parity, small correlations of aggregate consumption fluctuations across countries, and substantial international real...

Persistent link: https://www.econbiz.de/10008765727

Consumption and real exchange rates in dynamic economies with non-traded goods

Backus, David K.; Smith, Gregor W. - 1993

We examine the possibility that nontraded goods may account for several striking features of international macroeconomic data: large, persistent deviations from purchasing power parity, small correlations of aggregate consumption fluctuations across countries, and substantial international real...

Persistent link: https://www.econbiz.de/10010290318

Consumption and real exchange rates in dynamic economies with non-traded goods

Backus, David K.; Smith, Gregor W. - In: Journal of International Economics 35 (1993) 3-4, pp. 297-316

Persistent link: https://www.econbiz.de/10005540267

Consumption and real exchange rates in dynamic economies with non-traded goods

Backus, David K.; Smith, Gregor W. - In: Journal of international economics 35 (1993) 3-4, pp. 297-316

Persistent link: https://www.econbiz.de/10007716121

The Japanese Trade Balance: Recent History and Future Prospects

Backus, David K. - Economics Department, Stern School of Business - 1993

Persistent link: https://www.econbiz.de/10004970658

Long-Memory Inflation Uncertainty: Evidence from the Term Structure of Interest Rates

Backus, David K. - Economics Department, Stern School of Business - 1993

Persistent link: https://www.econbiz.de/10005101741

Arbitrage Opportunities in Arbitrage-Free Models of Bond Pricing

Backus, David K.; Foresi, Silverio; Zin, Stanley E. - Economics Department, Stern School of Business - 1994

Persistent link: https://www.econbiz.de/10005061790

Relative Price Movements in Dynamic General Equilibrium Models of International Trade

Backus, David K.; Kehoe, Patrick J.; Kydland, Finn E. - Economics Department, Stern School of Business - 1992

Persistent link: https://www.econbiz.de/10005061799

Accounting for Forward Rates in Markets for Foreign Currency

Backus, David K.; Gregory, Allan W.; Telmer, Chris I. - Economics Department, Stern School of Business - 1992

Persistent link: https://www.econbiz.de/10005061808

Reverse Engineering the Yield Curve

Backus, David K.; Zin, Stanley E. - Economics Department, Stern School of Business - 1994

Persistent link: https://www.econbiz.de/10005113410

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