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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: McDermott, C.
अन्य लेखक: Cashin, Paul
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 1996.
श्रृंखला:IMF Working Papers; Working Paper ; No. 1996/085
ऑनलाइन पहुंच:Full text available on IMF