Consumption-Based Interest Rate and the Present-Value Model of the Current Account-Evidence from Nigeria /
This paper presents a model of current account determination, based upon the permanent-income hypothesis. A present-value relationship among the current account, changes in net output, the exchange rate and the terms of trade is derived and the implications of such a relationship are tested using da...
| Tác giả chính: | |
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| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Loạt: | IMF Working Papers; Working Paper ;
No. 2001/093 |
| Truy cập trực tuyến: | Full text available on IMF |