on the prices of energy products and other commodities in standard projection models...and Ukraine compared with these countries and, on the other hand, to a specific...
of open economies have been set up to model international
portfolio choices....and bond holdings within the framework of an open economy macroeconomic...
Our model
• Many banks i=1,..N and two dates
• Time 0: Choice of investments &...negative externality e(W*-W1) on economy
Externality
W* = z A W1
Economic...
