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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Bismut, Claude
Weitere Verfasser: Agenor, Pierre-Richard, Cashin, Paul, McDermott, C.
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1995.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1995/119
Online Zugang:Full text available on IMF