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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Dettagli Bibliografici
Autore principale: Clausen, Jens
Altri autori: Kandil, Magda
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2005.
Serie:IMF Working Papers; Working Paper ; No. 2005/056
Accesso online:Full text available on IMF