Wei Li

The University of Hong Kong

Pokfulam Road

Hong Kong, Pokfulam HK

China

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Elastic Attention, Risk Sharing, and International Comovements

HKIMR Working Paper No.26/2015
Number of pages: 49 Posted: 19 Dec 2015
Wei Li, Yulei Luo and Jun Nie
The University of Hong Kong, University of Hong Kong and Federal Reserve Bank of Kansas City
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Abstract:

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Rational Inattention, Elastic Capacity, Risk Sharing, International Consumption Correlations