Consumption Smoothing and the Current Account : Evidence for France, 1970-1994 /

This paper estimates a simple consumption-smoothing model of the French current account, and examines its capacity to predict recent developments in France's external performance. The model views the current account as a buffer through which private agents can smooth consumption over time in re...

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Detalles Bibliográficos
Autor Principal: Bismut, Claude
Outros autores: Agenor, Pierre-Richard, Cashin, Paul, McDermott, C.
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1995.
Series:IMF Working Papers; Working Paper ; No. 1995/119
Acceso en liña:Full text available on IMF