Construct · 1 fields · 1 citations

Backus-Smith puzzle: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

International finance

the empirical failure of the prediction that relative consumption across countries moves closely with the real exchange rate under complete risk sharing.

In international finance, Backus-Smith puzzle refers to the empirical failure of the prediction that relative consumption across countries moves closely with the real exchange rate under complete risk sharing. This meaning comes from Backus (1993) in Journal of International Economics.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how Backus-Smith puzzle sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

consumption3 fields · 5 citationsjingle · one word, three constructs exchange4 fields · 7 citationsjingle · one word, four constructs failure4 fields · 6 citationsjingle · one word, four constructs

References

Backus, D. K., & Smith, G. W. (1993). Consumption and real exchange rates in dynamic economies with non-traded goods. Journal of International Economics, 35(3-4), 297-316. https://doi.org/10.1016/0022-1996(93)90021-o

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct