Macroeconomic Uncertainty, Precautionary Savings and the Current Account /
The relationship between current account developments and changes in the macroeconomic environment remains a key issue in open economy macroeconomics. This paper extends the standard intertemporal optimizing model of the current account to incorporate the effects of macroeconomic uncertainty on priv...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
1992.
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| Edice: | IMF Working Papers; Working Paper ;
No. 1992/072 |
| On-line přístup: | Full text available on IMF |