| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 962979 | Journal of International Economics | 2013 | 17 Pages |
Abstract
⺠We incorporate the observed composition of investments in a two country IRBC model. ⺠The above model outperforms its competitors along various dimensions. ⺠It improves the movements of trade balance and relative prices. ⺠It improves within country comovements of sectoral aggregates. ⺠The quantity anomaly disappears in the benchmark model.
Related Topics
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Economics and Econometrics
Authors
P. Marcelo Oviedo, Rajesh Singh,