| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w15428 |
| 来源ID | Working Paper 15428 |
| Medium Term Business Cycles in Developing Countries | |
| Diego A. Comin; Norman Loayza; Farooq Pasha; Luis Serven | |
| 发表日期 | 2009-10-13 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | We build a two country asymmetric DSGE model with two features: (i) endogenous and slow diffusion of technologies from the developed to the developing country, and (ii) adjustment costs to investment flows. We calibrate the model to match the Mexico-U.S. trade and FDI flows. The model is able to explain the following stylized facts: (i) U.S. and Mexican output co-move more than consumption; (ii) U.S. shocks have a larger e¤ect on Mexico than in the U.S.; (iii) U.S. business cycles lead over medium term fluctuations in Mexico; (iv) Mexican consumption is more volatile than output. |
| 主题 | Macroeconomics ; Business Cycles ; International Economics ; Trade ; International Factor Mobility ; International Macroeconomics ; Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w15428 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573104 |
| 推荐引用方式 GB/T 7714 | Diego A. Comin,Norman Loayza,Farooq Pasha,et al. Medium Term Business Cycles in Developing Countries. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w15428.pdf（610KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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