The Role of Portfolio Constraints in the International Propagation of Shocks
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- Anna Pavlova & Roberto Rigobon, 2008. "The Role of Portfolio Constraints in the International Propagation of Shocks," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(4), pages 1215-1256.
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More about this item
Keywords
Asset pricing; Contagion; International finance; Portfolio constraints; Terms of trade; Wealth transfer;All these keywords.
JEL classification:
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2008-04-12 (Central Banking)
- NEP-DGE-2008-04-12 (Dynamic General Equilibrium)
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