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Risk sensitive allocations with multiple goods in international finance. Existence, survivorship, and dynamics

Author

Listed:
  • Mariano Croce

    (UNC-Chapel Hill)

  • Riccardo Colacito

    (UNC-Chapel Hill)

Abstract

country, 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.

Suggested Citation

  • Mariano Croce & Riccardo Colacito, 2009. "Risk sensitive allocations with multiple goods in international finance. Existence, survivorship, and dynamics," 2009 Meeting Papers 1201, Society for Economic Dynamics.
    • Handle: RePEc:red:sed009:1201
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    References listed on IDEAS

    as
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