Risk sensitive allocations with multiple goods in international ﬁnance. Existence, survivorship, and dynamics
Abstractcountry, representative consumers economy, we document that the risk-sharing scheme produces a non trivial dynamics of net exports and it is also capable of explaining the tendency of high interest rate currencies to appreciate.
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Bibliographic InfoPaper provided by Society for Economic Dynamics in its series 2009 Meeting Papers with number 1201.
Date of creation: 2009
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