On Cyclicality in the Current and Financial Accounts : Evidence from Nine Industrial Countries /

The paper investigates cyclical fluctuations in the current and financial (formerly capital) accounts of the balance of payments and major underlying components for nine industrial countries. The empirical model uses as explanatory variables domestic output growth, price inflation, real exchange rat...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Clausen, Jens
Weitere Verfasser: Kandil, Magda
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2005.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2005/056
Online Zugang:Full text available on IMF