概要
日時：2012年6月14日(木) 16:30-18:00
場所：3号 館1階116室
講演者：石瀬寛和氏(日本銀行金融研究所)
タイトル：The World Has More Than Two Countries: Implications of Multi-Country International Real Business Cycle Models
【Abstract】
The cross-country correlations of international real business cycle models depend critically on the number of countries in the models. A positive productivity shock in one country will stimulate investment in the country that has experienced the shock, while reducing internal investment in the other countries, which will then simultaneously experience a slump. This comovement mechanism is absent in two- country models.