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