We thank the associate editor, Gian Luca Clementi, two anonymous referees, Kartik Athreya, Gabriele Camera, Dean Corbae, Jonathan Heathcote, Hashem Pesaran, Facundo Piguillem, Drew Saunders, Gustavo Ventura, and Rui Zhao for comments, and Rui Castro for conversations about computing the model transitional dynamics. We also benefited from comments at the SED Meeting, European Economic Association Congress, Latin American and Caribbean Department of the World Bank, IMT Institute for Advanced Studies in Lucca, Cambridge Finance Workshop, Purdue University, University of Iowa, and the University of Illinois. Villamil thanks the Said School of Business at the University of Oxford where she was the Peter Moores Fellow. Financial support from Fundação para a Ciência and Tecnologia, grant PTDC/EGE-ECO/108858/2008, is gratefully acknowledged. We are responsible for any remaining errors.
COSTLY INTERMEDIATION AND CONSUMPTION SMOOTHING
Article first published online: 31 MAY 2012
© 2012 Western Economic Association International
Volume 51, Issue 1, pages 459–472, January 2013
How to Cite
ANTUNES, A., CAVALCANTI, T. and VILLAMIL, A. (2013), COSTLY INTERMEDIATION AND CONSUMPTION SMOOTHING. Economic Inquiry, 51: 459–472. doi: 10.1111/j.1465-7295.2012.00471.x
- Issue published online: 29 NOV 2012
- Article first published online: 31 MAY 2012
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