Are Australia's Current Account Deficits Excessive? /

This paper compares the evolution of the Australian current account balance over the period 1954-94 against an optimal current account derived from a consumption-smoothing model. The findings indicate that the Australian current account was not used to smooth consumption optimally in the period prio...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: McDermott, C.
مؤلفون آخرون: Cashin, Paul
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1996.
سلاسل:IMF Working Papers; Working Paper ; No. 1996/085
الوصول للمادة أونلاين:Full text available on IMF