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...

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Detalhes bibliográficos
Autor principal: Clausen, Jens
Outros Autores: Kandil, Magda
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2005.
Colecção:IMF Working Papers; Working Paper ; No. 2005/056
Acesso em linha:Full text available on IMF