Detail Goods and Asset Market Interdependence in A Risky World   Oleh:  Feeney, Joanne Jenis: Article from Bulletin/Magazine Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 35 no. 3 (1994), page 551-564. Topik: ASSET MARKETS; goods; asset market; risky world Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: II49.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel This paper explores the link between international asset markets and international trade in goods to determine whether trade along these dimensions tends to be complementary or plays the role of substitutes. International financial markets permit agents in different countries to pool away the idiosyncratic portion of risk, while in the absence of international financial markets, countries will pursue other means to insure against unanticipated disturbances. I show that the endogeny of resource allocations to market completeness leads to a relationship of complementarity between trade in goods and trade in assets. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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