Browsing Department of Economics by Subject "JEL Classification Number: F4"
Now showing items 1-2 of 2
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(Vanderbilt University, 2006)This paper is a non-technical review of research developments in the international real business cycle literature. International business cycle facts are summarize with particular attention to the sources of output variance ...
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(Vanderbilt University, 2011)Cole and Obstfeld (1991) exposited a classic result where equilibrium movements in the terms of trade could make ex ante risk-sharing arrangements unnecessary: a unity elasticity of substitution across goods and production ...