Precautionary Savings and Global Imbalances in World General Equilibrium /

In this paper we assess the implications of precautionary savings for global imbalances by considering a world economy model composed by the US, the Euro Area, Japan, China, oil-exporting countries, and the rest of the world. These areas are assumed to differ only with respect to GDP volatility whic...

Description complète

Détails bibliographiques
Auteur principal: Sandri, Damiano
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2011.
Collection:IMF Working Papers; Working Paper ; No. 2011/122
Accès en ligne:Full text available on IMF