National Bureau of Economic Research4y
The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?
Our approach elucidates J. McCallum's home bias in trade puzzle, the Feldstein-Horioka saving-investment puzzle, the French-Poterba equity home bias puzzle, and the Backus-Kehoe- Kydland consumption ...
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Indiana Jones Great Circle: Jesus painting puzzle solution
As you dive into the secrets of Vatican City, one of the first major puzzles you’ll be faced with is one involving the portrait of Jesus on the cross, with five levers that can be set to four ...
National Bureau of Economic Research6y
The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?
Our approach elucidates J. McCallum's home-bias-in-trade puzzle, the Feldstein-Horioka saving-investment puzzle, the French-Poterba equity-home-bias puzzle, and the Backus-Kehoe-Kydland ...