Expressing t h e v i e w s of Turkey, four Statesmen last weekend took the floor at the 13th Annual Model United Nations Security Council at St. Lawrence University in Canton, New York. Representing Albany State as delegates to the Council were Ross Dunn, Jan Dyckman, Roy Knapp. and Robert Rittner. Each of the delegates took Turkey's seat for the discussion of two resolutions concerned with pre...

We build a continous-time general equilibrium model of a two-country, pure-exchange economy featuring taxes on the repatriation of dividends. We find approximate closed-form expressions for asset prices, returns joint dynamics and equity portfolios, thus giving a full description of equilibrium in-between the polar cases of perfect integration and full segmentation. We show that large home bias...