NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Goods Trade and International Equity Portfolios

Fabrice Collard, Harris Dellas, Behzad Diba, Alan Stockman

NBER Working Paper No. 13612
Issued in November 2007

---- Acknowledgments ----

We would like to thank Morris Davis, Luca Dedola, Jim MacGee, Patrick Kehoe, Robert Kollmann, Sergio Rebelo, Robert Shimer as well as participants in the 5-th Hydra and the 4-th Vienna Workshops for valuable suggestions. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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