dc.creator |
Pierdzioch, Christian |
|
dc.date |
2002 |
|
dc.date.accessioned |
2013-10-16T06:56:44Z |
|
dc.date.available |
2013-10-16T06:56:44Z |
|
dc.date.issued |
2013-10-16 |
|
dc.identifier |
http://hdl.handle.net/10419/17784 |
|
dc.identifier |
ppn:351269231 |
|
dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/17784 |
|
dc.description |
This paper uses a dynamic general equilibrium two-country optimizing sticky-price model to analyze the consequences of international financial market integration for the propagation of asymmetric productivity shocks in a monetary union. The model implies that business cycle volatility is higher the more integrated the capital markets of the member countries of the monetary union are. |
|
dc.language |
eng |
|
dc.publisher |
Kiel Institute for the World Economy (IfW) Kiel |
|
dc.relation |
Kieler Arbeitspapiere 1115 |
|
dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
dc.subject |
F36 |
|
dc.subject |
F41 |
|
dc.subject |
F33 |
|
dc.subject |
ddc:330 |
|
dc.subject |
Open Economy Macroeconomics |
|
dc.subject |
Monetary union |
|
dc.subject |
Business cycles |
|
dc.subject |
Financial markets |
|
dc.subject |
Konjunkturzusammenhang |
|
dc.subject |
Schock |
|
dc.subject |
Volatilität |
|
dc.subject |
Währungsunion |
|
dc.subject |
Internationaler Finanzmarkt |
|
dc.subject |
Marktintegration |
|
dc.subject |
Offene Volkswirtschaft |
|
dc.subject |
Makroökonomik |
|
dc.subject |
Allgemeines Gleichgewicht |
|
dc.subject |
Neue Makroökonomik offener Volkswirtschaften |
|
dc.title |
Financial Market Integration and Business Cycle Volatility in a Monetary Union |
|
dc.type |
doc-type:workingPaper |
|