Burstein, Ariel T. (contributor); … - 2004
local economic conditions.
The structure of our paper is as follows. We first review the observations on international … proposed by Backus, Kehoe, and Kydland (1995), henceforth BKK. We assume that
trade between the “core” economic regions of the … correlation between GDP for the European aggregate and an aggregate of Poland,
Hungary, the Czech Republic and Slovakia. The …