Lubik, Thomas A. (contributor); … - 2005
. Speciflcally, he allows for capital accumulation and investment dynamics to provide richer
internal dynamics. Additionally, he … asset accumulation, he introduces portfolio
adjustment costs which render the dynamics stationary. Bergin applies the model … explaining exchange rate dynamics. We do not utilize the richer multi-sector structure as in Adolfson,
Laseen, Linde, and Villani …