Accounting for Global Dispersion of Current Accounts /

We undertake a quantitative analysis of the dispersion of current accounts in an open economy version of incomplete insurance model, incorporating important market frictions in trade and financial flows. Calibrated with conventional parameter values, the stochastic stationary equilibrium of the mode...

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Бібліографічні деталі
Автор: Lee, Jaewoo
Інші автори: Chang, Yongsung, Kim, Sun-Bin
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2009.
Серія:IMF Working Papers; Working Paper ; No. 2009/276
Онлайн доступ:Full text available on IMF