G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7391
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
URLhttps://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.
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