English, Article edition: Hecksher-Ohlin Business Cycles Alejandro Cunat; Marco Maffezzoli

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Bookmark: http://trove.nla.gov.au/version/112252
Physical Description
  • article
Language
  • English

Edition details

Title
  • Hecksher-Ohlin Business Cycles
Author
  • Alejandro Cunat
  • Marco Maffezzoli
Physical Description
  • article
Notes
  • This paper introduces Heckscher-Ohlin trade features into a two-country dynamic stochastic general equilibrium model, and studies the international transmission of productivity shocks through trade in goods. This framework improves upon existing international real business cycle models in that it generates business cycle properties comparable with the empirical evidence regarding the terms of trade and the trade balance. (Copyright: Elsevier)
  • International trade; Heckscher-Ohlin; Business cycles; Productivity shocks
  • RePEc:red:issued:v:7:y:2004:i:3:p:555-585
Language
  • English
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