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Domestic versus foreign drivers of trade (im)balances: How robust is evidence from estimated DSGE models?()
Estimated DSGE models tend to ascribe a significant and often predominant part of a country's trade balance (TB) dynamics to domestic drivers (“shocks”), suggesting foreign factors to be only of secondary importance. This paper revisits the result based on more agnostic approaches to shock tran...
| Autores principales: | , , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Elsevier Limited
2022
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8780622/ https://www.ncbi.nlm.nih.gov/pubmed/35241865 http://dx.doi.org/10.1016/j.jimonfin.2021.102509 |