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...

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מידע ביבליוגרפי
מחבר ראשי: McDermott, C.
מחברים אחרים: Cashin, Paul
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1996.
סדרה:IMF Working Papers; Working Paper ; No. 1996/085
גישה מקוונת:Full text available on IMF