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...

Полное описание

Библиографические подробности
Главный автор: Clausen, Jens
Другие авторы: Kandil, Magda
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2005.
Серии:IMF Working Papers; Working Paper ; No. 2005/056
Online-ссылка:Full text available on IMF