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...
Κύριος συγγραφέας: | |
---|---|
Άλλοι συγγραφείς: | |
Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1996.
|
Σειρά: | IMF Working Papers; Working Paper ;
No. 1996/085 |
Διαθέσιμο Online: | Full text available on IMF |