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Essays in international macroeconomics

Scholl, Almuth - 2006

Persistent link: https://www.econbiz.de/10003315521

Growth expectations, capital flows and international risk sharing

Castrén, Olli (contributor); Miller, Marcus (contributor); … - 2003

Persistent link: https://www.econbiz.de/10001792730

Growth Expectations, Capital Flows and International Risk Sharing

Castren, Olli; Stiegert, Roger; Miller, Marcus H. - 2021

international equity transactions that accentuate the role of international risk sharing as a factor for the macroeconomic response … shock affecting only one country. Efficient global risk-sharing imply that expected productivity gains in one country will … for the productivity gains can further increase the risk exposure of foreign shareholders. The model is calibrated to show …

Persistent link: https://www.econbiz.de/10013319734

Assessing international efficiency

Heathcote, Jonathan; Perri, Fabrizio - 2013 - This version: April, 2013

Persistent link: https://www.econbiz.de/10011814230

Chapter 9. Assessing International Efficiency

Heathcote, Jonathan; Perri, Fabrizio - In: Handbook of international economics : Volume 4, (pp. 523-584). 2014

This chapter is structured in three parts. The first part outlines the methodological steps, involving both theoretical and empirical work, for assessing whether an observed allocation of resources across countries is efficient. The second part applies the methodology to the long-run allocation...

Persistent link: https://www.econbiz.de/10014025377