Solving for country portfolios in open economy macro models /

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Bibliographic Details
Author / Creator:Devereux, Michael B., author.
Imprint:[Washington, D.C.] : International Monetary Fund, Research Dept., ©2007.
Description:1 online resource (27 pages).
Language:English
Series:IMF working paper, 2227-8885 ; WP/07/284
IMF working paper ; WP/07/284.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499719
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Other authors / contributors:Sutherland, Alan, author.
International Monetary Fund. Research Department, Issuing body.
ISBN:1282447793
9781282447790
1451913001
9781451913002
1452751110
9781452751115
9786613820990
6613820997
ISSN:2227-8885
Notes:Includes bibliographical references.
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary: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.
Other form:Print version: Devereux, Michael B. Solving for country portfolios in open economy macro models. [Washington, D.C.] : International Monetary Fund, Research Dept., ©2007
Standard no.:10.5089/9781451913002.001