EconPapers    
Economics at your fingertips  
 

The Risky Steady State

Nicolas Coeurdacier, Helene Rey and Pablo Winant

American Economic Review, 2011, vol. 101, issue 3, 398-401

Abstract: We propose a simple quantitative method to linearize around the risky steady state of a small open economy. Unlike when the deterministic steady state is used, the net foreign asset position is well defined. We allow for stochastic income and stochastic interest rate.

Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (98)

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/aer.101.3.398 (application/pdf)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: The Risky Steady-State (2012) Downloads
Working Paper: The risky steady state (2011) Downloads
Working Paper: The risky steady state (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:aecrev:v:101:y:2011:i:3:p:398-401

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

American Economic Review is currently edited by Esther Duflo

More articles in American Economic Review from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().

 
Page updated 2025-03-22
Handle: RePEc:aea:aecrev:v:101:y:2011:i:3:p:398-401