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Browsing Working Papers by Author "ENDERS, Zeno"
Now showing items 1-2 of 2
Title:S-Curve Redux: On the International Transmission of Technology Shocks
Author(s):ENDERS, Zeno; MÜLLER, Gernot J.Date:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Using vector autoregressions on U.S. time series, we find that technology shocks induce an ‘S’-
shaped cross-correlation function for the trade balance and the terms of trade (S-curve). In calibrating
a prototypical ...
Title:Slow Money Dissemination
Author(s):ENDERS, ZenoDate:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:A model of limited participation in the asset market is developed, in which varieties of
consumption bundles are purchased sequentially. By this, heterogeneity in money holdings and in
the effective elasticity of ...