Keyu Jin, LSE: International Transmission with Heterogeneous Sectors

Department seminar. Keyu Jin is assistant professor at LSE. She will present a paper entitled "International Transmission with Heterogeneous Sectors", written jointly with Nan Li.

Keyu Jin

Keyu Jin. Photo: LSE.

Abstract:

In this paper, we (1) document new facts about the behavior of capital and labor-intensive goods over the business cycle; (2) illustrate a mechanism that generates international investment comovement through shifting compositional changes of production and trade across sectors. Quantitative predictions of our model can match aggregate and sectoral statistics and generate empirically plausible sectoral compositional effects. We also show that essential segments of the transmission process receive empirical support.

 

Read the paper here (.pdf)

Host: Kjetil Storesletten

Published Feb. 17, 2016 10:37 AM - Last modified Sep. 11, 2020 8:30 AM