Showing 1 - 10 of 18,955
aggregate productivity using a dynamic general equilibrium model. Data shows that post the 2008 crisis, firms changed their … sheet portfolio composition of productive assets. This reallocation of assets leads to an increase in measured productivity …
Persistent link: https://www.econbiz.de/10014238987
Persistent link: https://www.econbiz.de/10013502492
Persistent link: https://www.econbiz.de/10003822486
Persistent link: https://www.econbiz.de/10003237011
Persistent link: https://www.econbiz.de/10001621790
Persistent link: https://www.econbiz.de/10002012604
Persistent link: https://www.econbiz.de/10001336361
Persistent link: https://www.econbiz.de/10000916150
This paper provides a new benchmark for the analysis of the international diversification puzzle in a tractable new open economy macroeconomic model. Building on Cole and Obstfeld (1991) and Heathcote and Perri (2009), this model specifies an equilibrium model of perfect risk sharing in...
Persistent link: https://www.econbiz.de/10013119053
Persistent link: https://www.econbiz.de/10011399184