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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Sandri, Damiano
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/122
Länkar:Full text available on IMF