Capital Mobility and International Sharing of Cyclical Risk

Julien Bengui, Enrique G. Mendoza, Vincenzo Quadrini

NBER Working Paper No. 18372
Issued in September 2012

---- Acknowledgements -----

This paper was prepared for the April 2012 Carnegie-NYU-Rochester Conference on Public Policy. We are grateful for the thoughtful comments and suggestions made by our discussant, Mark Aguiar, as well as those from our editor, Gianluca Violante, and from the audience. Mendoza and Quadrini are also grateful to the National Science Foundation for supporting this research under Grant SES-0922659. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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