skip to content
Business cycles and the asset structure of foreign trade Preview this item
ClosePreview this item
Checking...

Business cycles and the asset structure of foreign trade

Author: Marianne Baxter; Mario J Crucini; National Bureau of Economic Research.
Publisher: Cambridge, MA : National Bureau of Economic Research, ©1994.
Series: Working paper series (National Bureau of Economic Research), working paper no. 4975.
Edition/Format:   eBook : Document : National government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
Abstract: International financial market linkages are widely believed to be important for the international transmission of business cycles, since these govern the extent to which individuals can smooth consumption in the presence of country-specific shocks to income. This paper develops a two-country, general equilibrium model with restricted asset trade and provides a detailed analysis of the channels through  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Additional Physical Format: Print version:
Baxter, Marianne, 1956-
Business cycles and the asset structure of foreign trade.
Cambridge, MA : National Bureau of Economic Research, ©1994
(OCoLC)31864328
Material Type: Document, Government publication, National government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Marianne Baxter; Mario J Crucini; National Bureau of Economic Research.
OCLC Number: 51271350
Notes: "December 1994."
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (26, [14] pages) : illustrations.
Details: 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.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 4975.
Responsibility: Marianne Baxter, Mario J. Crucini.

Abstract:

Abstract: International financial market linkages are widely believed to be important for the international transmission of business cycles, since these govern the extent to which individuals can smooth consumption in the presence of country-specific shocks to income. This paper develops a two-country, general equilibrium model with restricted asset trade and provides a detailed analysis of the channels through which these financial linkages affect international business cycles. Our central finding is that the absence of complete financial integration may not be important if the shocks to national economies are of low persistence, or are transmitted rapidly across countries over time. However, if shocks are highly persistent or are not transmitted internationally, the extent of financial integration is central to the international transmission of business cycles.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/51271350> # Business cycles and the asset structure of foreign trade
    a schema:Book, schema:MediaObject, schema:CreativeWork ;
   library:oclcnum "51271350" ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/7674408#Place/cambridge_ma> ; # Cambridge, MA
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
   schema:about <http://id.loc.gov/authorities/subjects/sh2009117950> ; # Business cycles--Econometric models
   schema:about <http://id.worldcat.org/fast/977133> ; # Internationale financiën
   schema:about <http://id.worldcat.org/fast/842461> ; # Business cycles
   schema:about <http://experiment.worldcat.org/entity/work/data/7674408#Topic/international_trade_econometric_models> ; # International trade--Econometric models
   schema:about <http://id.loc.gov/authorities/subjects/sh2008104853> ; # International trade--Econometric models
   schema:about <http://experiment.worldcat.org/entity/work/data/7674408#Topic/business_cycles_econometric_models> ; # Business cycles--Econometric models
   schema:bookFormat schema:EBook ;
   schema:contributor <http://experiment.worldcat.org/entity/work/data/7674408#Organization/national_bureau_of_economic_research> ; # National Bureau of Economic Research.
   schema:contributor <http://viaf.org/viaf/48808079> ; # Mario John Crucini
   schema:copyrightYear "1994" ;
   schema:creator <http://viaf.org/viaf/8468478> ; # Marianne Baxter
   schema:datePublished "1994" ;
   schema:description "Abstract: International financial market linkages are widely believed to be important for the international transmission of business cycles, since these govern the extent to which individuals can smooth consumption in the presence of country-specific shocks to income. This paper develops a two-country, general equilibrium model with restricted asset trade and provides a detailed analysis of the channels through which these financial linkages affect international business cycles. Our central finding is that the absence of complete financial integration may not be important if the shocks to national economies are of low persistence, or are transmitted rapidly across countries over time. However, if shocks are highly persistent or are not transmitted internationally, the extent of financial integration is central to the international transmission of business cycles."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/7674408> ;
   schema:genre "National government publication"@en ;
   schema:genre "Government publication"@en ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/7674408#Series/nber_working_paper_series> ; # NBER working paper series ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/7674408#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/31864328> ;
   schema:name "Business cycles and the asset structure of foreign trade"@en ;
   schema:productID "51271350" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/51271350#PublicationEvent/cambridge_ma_national_bureau_of_economic_research_1994> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/7674408#Agent/national_bureau_of_economic_research> ; # National Bureau of Economic Research
   schema:url <http://papers.nber.org/papers/w4975> ;
   schema:url <http://catalog.hathitrust.org/api/volumes/oclc/31864328.html> ;
   schema:url <http://papers.nber.org/> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/51271350> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/7674408#Agent/national_bureau_of_economic_research> # National Bureau of Economic Research
    a bgn:Agent ;
   schema:name "National Bureau of Economic Research" ;
    .

<http://experiment.worldcat.org/entity/work/data/7674408#Organization/national_bureau_of_economic_research> # National Bureau of Economic Research.
    a schema:Organization ;
   schema:name "National Bureau of Economic Research." ;
    .

<http://experiment.worldcat.org/entity/work/data/7674408#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/51271350> ; # Business cycles and the asset structure of foreign trade
   schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/7674408#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/51271350> ; # Business cycles and the asset structure of foreign trade
   schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/7674408#Topic/business_cycles_econometric_models> # Business cycles--Econometric models
    a schema:Intangible ;
   schema:name "Business cycles--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/7674408#Topic/international_trade_econometric_models> # International trade--Econometric models
    a schema:Intangible ;
   schema:name "International trade--Econometric models"@en ;
    .

<http://id.loc.gov/authorities/subjects/sh2008104853> # International trade--Econometric models
    a schema:Intangible ;
   schema:name "International trade--Econometric models"@en ;
    .

<http://id.loc.gov/authorities/subjects/sh2009117950> # Business cycles--Econometric models
    a schema:Intangible ;
   schema:name "Business cycles--Econometric models"@en ;
    .

<http://id.worldcat.org/fast/842461> # Business cycles
    a schema:Intangible ;
   schema:name "Business cycles"@en ;
    .

<http://id.worldcat.org/fast/977133> # Internationale financiën
    a schema:Intangible ;
   schema:name "Internationale financiën"@en ;
    .

<http://viaf.org/viaf/48808079> # Mario John Crucini
    a schema:Person ;
   schema:birthDate "1962" ;
   schema:familyName "Crucini" ;
   schema:givenName "Mario John" ;
   schema:givenName "Mario J." ;
   schema:name "Mario John Crucini" ;
    .

<http://viaf.org/viaf/8468478> # Marianne Baxter
    a schema:Person ;
   schema:birthDate "1956" ;
   schema:familyName "Baxter" ;
   schema:givenName "Marianne" ;
   schema:name "Marianne Baxter" ;
    .

<http://www.worldcat.org/oclc/31864328>
    a schema:CreativeWork ;
   rdfs:label "Business cycles and the asset structure of foreign trade." ;
   schema:description "Print version:" ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/51271350> ; # Business cycles and the asset structure of foreign trade
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.