Suchergebnisse

4. Impulse-Response Functions for a Shock to Nondurables5. Impulse-Response Functions for a Shock to Durables; 6. Effect of Financial Frictions on Key Moments; Tables; 1. Volatility of Output and Relative Volatility of Consumption, Investment and Net Exports; 2. Correlations with Output; 3. Average Relative Volatility of Consumption; 4. Benchmark Parameter Values; 5. Simulated moments and parameter estimates for Mexico; 6. Simulated moments and parameter estimates for an alternative specifications of the borrowing premium.