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...

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Библиографические подробности
Главный автор: Sandri, Damiano
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2011.
Серии:IMF Working Papers; Working Paper ; No. 2011/122
Online-ссылка:Full text available on IMF