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 Date: 2004-05-11 11:34:48Knowledge Backus–Kehoe–Kydland puzzle International finance Gross domestic product Measures of national income and output Real business cycle theory Shock Macro risk Risk Economics Macroeconomics National accounts |
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Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe∗ Sebnem Kalemli-Ozcan Bent E. Sørensen