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|c 5.00 USD
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|z 9781451962994
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|a 1018-5941
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|a Prat, Jordi.
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|a Current Account Balance Estimates for Emerging Market Economies /
|c Jordi Prat, Leandro Medina, Alun Thomas.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2010.
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|a 1 online resource (22 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper uses a modified version of the methodology used by the IMF's Consultative Group on Exchange Rate Issues (CGER) to calculate equilibrium current account balances (or ?norms?) for a sample of 33 emerging market economies. We find that the fundamental determinants of the equilibrium current account balances are similar to those identified by the CGER using a sample that also comprises advanced economies. However, the fiscal balance has a considerably stronger impact on current account norms for emerging markets. This paper also offers estimates for the equilibrium current account balances of eleven smaller emerging market economies that are not currently included in the country sample used by the CGER.
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|a Mode of access: Internet
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|a Medina, Leandro.
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|a Thomas, Alun.
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|a IMF Working Papers; Working Paper ;
|v No. 2010/043
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2010/043/001.2010.issue-043-en.xml
|z IMF e-Library
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