Trade elasticity of substitution and equilibrium dynamics

DOI10.1016/J.JET.2010.01.008zbMATH Open1245.91060OpenAlexW2087773098MaRDI QIDQ972873FDOQ972873

Martin Bodenstein

Publication date: 21 May 2010

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://www.federalreserve.gov/pubs/ifdp/2008/934/ifdp934.pdf

zbMATH Keywords

multiple equilibriareal exchange rateinternational business cycle

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Indeterminacy and increasing returns
• Stationary cardinal utility and optimal growth under uncertainty
• A simple dynamic general equilibrium model
• The Solution of Linear Difference Models under Rational Expectations
• International Risk Sharing and the Transmission of Productivity Shocks
• Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models
• Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?
• Title not available (Why is that?)
• An alternative methodology for solving nonlinear forward-looking models
• Self-fulfilling prophecies
• An Index Theorem for General Equilibrium Models with Production
• Title not available (Why is that?)
• Title not available (Why is that?)
• A homotopy algorithm and an index theorem for the general equilibrium model with incomplete asset markets
• Euro-dollar real exchange rate dynamics in an estimated two-country model: an assessment
• A pitchfork bifurcation in the tatonnement process
• EXCHANGE RATE DYNAMICS, ASSET MARKET STRUCTURE, AND THE ROLE OF THE TRADE ELASTICITY

Cited In (4)

• Huggett economies with multiple stationary equilibria
• International risk sharing in overlapping generations models
• Demand shocks and trade balance dynamics
• Title not available (Why is that?)

Uses Software

• Dynare

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