%PDF-1.5 % 1 0 obj << /S /GoTo /D (section.1) >> endobj 4 0 obj (Theory) endobj 5 0 obj << /S /GoTo /D (subsection.1.1) >> endobj 8 0 obj ( Baseline model) endobj 9 0 obj << /S /GoTo /D (subsection.1.2) >> endobj 12 0 obj ( Preliminaries) endobj 13 0 obj << /S /GoTo /D (subsubsection.1.2.1) >> endobj 16 0 obj (Basic definitions) endobj 17 0 obj << /S /GoTo /D (subsubsection.1.2.2) >> endobj 20 0 obj (Decomposition of shock transmission) endobj 21 0 obj << /S /GoTo /D (subsection.1.3) >> endobj 24 0 obj (Analysis of trade-comovement puzzle in baseline model) endobj 25 0 obj << /S /GoTo /D (subsubsection.1.3.1) >> endobj 28 0 obj (Decomposition of the effect of trade on comovement) endobj 29 0 obj << /S /GoTo /D (subsubsection.1.3.2) >> endobj 32 0 obj (Trade-comovement puzzle) endobj 33 0 obj << /S /GoTo /D (subsection.1.4) >> endobj 36 0 obj (Extended baseline model) endobj 37 0 obj << /S /GoTo /D (subsection.1.5) >> endobj 40 0 obj (Analysis of trade-comovement puzzle in extended baseline model) endobj 41 0 obj << /S /GoTo /D (subsection.1.6) >> endobj 44 0 obj (Candidate resolutions of trade-comovement puzzle) endobj 45 0 obj << /S /GoTo /D (subsubsection.1.6.1) >> endobj 48 0 obj (Financial autarky \(FA\)) endobj 49 0 obj << /S /GoTo /D (subsubsection.1.6.2) >> endobj 52 0 obj (GHH preferences) endobj 53 0 obj << /S /GoTo /D (subsubsection.1.6.3) >> endobj 56 0 obj (Dynamic trade elasticity \(DTE\)) endobj 57 0 obj << /S /GoTo /D (section.2) >> endobj 60 0 obj (Quantitative analysis) endobj 61 0 obj << /S /GoTo /D (subsection.2.1) >> endobj 64 0 obj (Baseline quantitative model) endobj 65 0 obj << /S /GoTo /D (subsection.2.2) >> endobj 68 0 obj (Quantification of trade-comovement relation in the data) endobj 69 0 obj << /S /GoTo /D (subsection.2.3) >> endobj 72 0 obj ( Calibration of model parameters and model variants ) endobj 73 0 obj << /S /GoTo /D (subsection.2.4) >> endobj 76 0 obj (Findings) endobj 77 0 obj << /S /GoTo /D (section.3) >> endobj 80 0 obj (Conclusions) endobj 81 0 obj << /S /GoTo /D [82 0 R /Fit] >> endobj 85 0 obj << /Length 2335 /Filter /FlateDecode >> stream xڅX[s6~R3M8i'4}IH"TWseJL_87|E"Z|3^?\\ފbGaaY2[e9,5߃Z"UX٨{3Dv[&q3Jk<]Ba1jH@[W"LIE9%]%iqXqXULyxZfi +h*Gk^UT n8f)2 Tl=I) Ϛxˬy-o37BTϽu`?Qws&YX㉅W;j9=P(e-"88ی2Q"=sǵq=(c7m6jBDYEsF 6K?j|\pnQcHT(pxyES4bPanaw<ʺ+Uc^vreY 7vצC2(N;Y;U#Vv[ӖA3Խ~=xm 9F<9f[_|Áy IkFuf ƴA "d]њw{^O.ԃ# 9&u ݡs[WU!*4
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