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Two-Country HANK and trade friction

Compared to the Two-Country Representative Agents and the Small Open Economy Heterogeneous Agents models, this paper develops a Two-Country Heterogeneous Agents New Keynesian model, building a heterogeneous and endogenous channel of mutual investments on foreign illiquid assets and exploring two cou...

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Detalles Bibliográficos
Autores principales: Yang, Yujie, Zhang, Chenxing, Hou, Wenwen
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10389747/
https://www.ncbi.nlm.nih.gov/pubmed/37523382
http://dx.doi.org/10.1371/journal.pone.0288976