The risky steady state
Nicolas Coeurdacier (),
Helene Rey () and
Additional contact information
Nicolas Coeurdacier: ECON - Département d'économie - Sciences Po
Working Papers from HAL
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.
Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-00972801
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (29) Track citations by RSS feed
Downloads: (external link)
Working Paper: The Risky Steady-State (2012)
Journal Article: The Risky Steady State (2011)
Working Paper: The risky steady state (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00972801
Access Statistics for this paper
More papers in Working Papers from HAL
Series data maintained by CCSD ().