Showing 1 - 10 of 11
Persistent link: https://www.econbiz.de/10002169972
Persistent link: https://www.econbiz.de/10003492942
Persistent link: https://www.econbiz.de/10012298453
Persistent link: https://www.econbiz.de/10012029992
Persistent link: https://www.econbiz.de/10012029994
Persistent link: https://www.econbiz.de/10012037810
Persistent link: https://www.econbiz.de/10011916921
We add agency costs as in Carlstrom and Fuerst (1997) into a two-country, two-good international business-cycle model. In our model, changes in the relative price of investment arise endogenously. Despite the fact that technology shocks are uncorrelated across countries, the relative price of...
Persistent link: https://www.econbiz.de/10011415163
Persistent link: https://www.econbiz.de/10012430231
Persistent link: https://www.econbiz.de/10013556553