This paper presents a general approximation method for characterizing time-varying equilibrium portfolios in a two-country dynamic general equilibrium model. the method can be easily adapted to most dynamic general equilibrium models, it applies to environments in which markets are complete or incom...
|a Country Portfolio Dynamics /
|c Alan Sutherland, Michael Devereux.
264
1
|a Washington, D.C. :
|b International Monetary Fund,
|c 2007.
300
|a 1 online resource (27 pages)
490
1
|a IMF Working Papers
500
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
500
|a <strong>On-Campus Access:</strong> No User ID or Password Required
506
|a Electronic access restricted to authorized BRAC University faculty, staff and students
520
3
|a This paper presents a general approximation method for characterizing time-varying equilibrium portfolios in a two-country dynamic general equilibrium model. the method can be easily adapted to most dynamic general equilibrium models, it applies to environments in which markets are complete or incomplete, and it can be used for models of any dimension. Moreover, the approximation provides simple, easily interpretable closed form solutions for the dynamics of equilibrium portfolios.
538
|a Mode of access: Internet
650
7
|a Mover Accent
|2 imf
650
7
|a WP
|2 imf
700
1
|a Devereux, Michael.
830
0
|a IMF Working Papers; Working Paper ;
|v No. 2007/283
856
4
0
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2007/283/001.2007.issue-283-en.xml
|z IMF e-Library