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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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2005.
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Серія: | IMF Working Papers; Working Paper ;
No. 2005/056 |
Онлайн доступ: | Full text available on IMF |