Posts

• Are Average Growth Rate and Volatility Related?

  Staff Working Paper 2006-24 Partha Chatterjee, Malik Shukayev

  The empirical relationship between the average growth rate and the volatility of growth rates, both over time and across countries, has important policy implications, which depend critically on the sign of the relationship.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles JEL Code(s): E, E3, E32

• Convergence in a Stochastic Dynamic Heckscher-Ohlin Model

  Staff Working Paper 2006-23 Partha Chatterjee, Malik Shukayev

  The authors characterize the equilibrium for a small economy in a dynamic Heckscher-Ohlin model with uncertainty.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models JEL Code(s): F, F4, F43, O, O4, O41