The Volatility of Consumption in a Simple General Equilibrium Model /
This paper studies the volatility of consumption relative to output in the context of a simple general equilibrium model of a small open economy subject to exogenous shocks in productivity. With infinite horizons and exogenous relative prices, the model generates variance estimates that are well abo...
| 1. autor: | |
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
1992.
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| Seria: | IMF Working Papers; Working Paper ;
No. 1992/109 |
| Dostęp online: | Full text available on IMF |