F44 - International Business Cycles - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T06:28:26+00:00Understanding the Cross‐Country Effects of US Technology Shocks
https://www.bankofcanada.ca/2017/06/staff-working-paper-2017-23/
Business cycles are substantially correlated across countries. Yet most existing models are not able to generate substantial transmission through international trade. We show that the nature of such transmission depends fundamentally on the features determining the responsiveness of labor supply and labor demand to international relative prices.2017-06-19T09:21:13+00:00enUnderstanding the Cross‐Country Effects of US Technology Shocks2017-06-19Business fluctuations and cyclesEconomic modelsInternational topicsStaff Working Paper 2017-23https://www.bankofcanada.ca/wp-content/uploads/2017/06/swp2017-23.pdfUnderstanding the Cross‐Country Effects of US Technology ShocksThuy Lan NguyenWataru MiyamotoJune 2017EE3E30FF4F41F44F6F62