Research Discussion Paper – RDP 2013-10 Stochastic Terms of Trade Volatility in Small Open Economies

Contents

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We would like to thank Guido Lorenzoni, Ivan Wérning, George-Marios Angeletos, Arnaud Costinot, Anna Mikusheva, Leon Berkelmans, Alexandra Heath and Christopher Kent for comments and helpful suggestions.

Endnotes

Economic Research Department [*]

Note Issue Department [**]