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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Detalhes bibliográficos
Autor principal: Ostry, Jonathan
Outros Autores: Ghosh, Atish
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1992.
Colecção:IMF Working Papers; Working Paper ; No. 1992/072
Acesso em linha:Full text available on IMF