Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7391 |
DP7391 Offshoring and the Onshore Composition of Tasks and Skills | |
Karolina Ekholm; Sascha O. Becker; Marc Muendler | |
发表日期 | 2009-08-02 |
出版年 | 2009 |
语种 | 英语 |
摘要 | We examine a two country model of the EU and the US. Each has a small sector of the labour and product markets in which there is wage/price rigidity, but otherwise enjoys flexible wages and prices with a one quarter information lag. Using a VAR to represent the data, we find the model as a whole is rejected. However it is accepted for real variables, output and the real exchange rate, suggesting mis-specification lies in monetary relationships. The model highlights a lack of spillovers between the US and the EU. |
主题 | International Macroeconomics |
关键词 | Bootstrap Dsge indirect inference New classical New keynesian Open economy model Var Wald statistic |
URL | https://cepr.org/publications/dp7391 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536228 |
推荐引用方式 GB/T 7714 | Karolina Ekholm,Sascha O. Becker,Marc Muendler. DP7391 Offshoring and the Onshore Composition of Tasks and Skills. 2009. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。