International macroe.. - Free

SUBJECT INDEX 361CCalibration method, 125Lucas model, 126—132One-country real business cyclemodel, 144—149Two-country real business cyclemodel, 149—158Cash-in-advanceTransactions technology, 113Constraint, 115Causal priority, 26Central limit theorem, 36Certainty equivalence, 147Chebyshev’s inequality, 307Choleski upper triangular decomposition,28Cobb-DouglasConsumption index, 112Price level, 213Production function,140, 151,214Cointegration, 63—67Monetary model, 92Common trend processes, 64Common-time effect in panel unitroot tests, 53Companion form, 43,93Complete markets, 119Complex conjugate, 72Constant elasticity of substitutionindex, 265Constant relative risk aversionutility, 112, 117, 122Convergence, in distribution, 24Convergence, in probability, 23Covariance decomposition, 174Covariance stationarity, 24Asymptotic distribution of OLSestimator of ρ, 42Process, 24Time-series behavior, 41Covered interest parity, 5, 162,197Neutral-band tests, 6-9Crowding out, 236Current account, 17DData generating process for thebootstrap, 58Deep parameters, 125Devaluation, 232, 336, 337, 339Differential equationFirst-order, 309Linear homogeneous, 257Second order, 312Differentiated goods, 264Diffusion process, 306Disequilibrium dynamicsStochastic Mundell-Flemingmodel, 246—248Domestic credit, 231, 234, 251,325, 327, 331, 333Extended by central bank,20Dornbusch model, 237—241EEconometric exogeneity, 26, 33Economic signiÞcance, 217Effective labor units, 139