Title Solving for country portfolios in open economy macro models / prepared by Michael B. Devereux and Alan Sutherland

Published [Washington, D.C.] : International Monetary Fund, Research Dept., ©2007

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Description 1 online resource (27 pages) Series IMF working paper, 2227-8885 ; WP/07/284 IMF working paper ; WP/07/284. Contents B. Example 2: A Two-Country Production Model with Trade in EquitiesV. Conclusion; References 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 Bibliography Includes bibliographical references Notes 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 MiAaHDL English digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Print version record Subject Macroeconomics -- Mathematical models. Capital movements -- Econometric models Economic policy -- Econometric models Equilibrium (Economics) -- Mathematical models Capital movements -- Econometric models Economic policy -- Econometric models Equilibrium (Economics) -- Mathematical models Macroeconomics -- Mathematical models Form Electronic book Author Sutherland, Alan, author. International Monetary Fund. Research Department, Issuing body. ISBN 1282447793 9781282447790 1451913001 9781451913002 1452751110 9781452751115 9786613820990 6613820997 ISSN 2227-8885

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