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Institut for Miljø og Erhvervsøkonomi, Syddansk Universitet
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The Effects of International Financial Integration in a Model with Heterogeneous Firms and Credit Frictions
Clemens, Christiane
;
Heinemann, Maik
-
CESifo
-
2013
This paper examines the consequences of international financial integration in a two–sector heterogeneous–agent dynamic general equilibrium model of occupational choice with financial constraints and idiosyncratic risks. We discuss the macroeconomic and distributional effects of financial...
Persistent link: https://www.econbiz.de/10010703423
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2
Capital Importers Pay More for their Imports
Adam, Antonis
;
Moutos, Thomas
-
CESifo
-
2012
We examine the effects that a country’s net
capital
flows
have on the (border) prices that a country pays for its …-aggregations across types of
capital
flows
, product categories, and exporters. …
Persistent link: https://www.econbiz.de/10009645628
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