The Response of the Current Account to Terms of Trade Shocks : Persistence Matters /

Is the relationship between the current account balance and the terms of trade affected by the persistence of terms of trade shocks? In intertemporal models of the current account that incorporate a consumption-smoothing and an investment response to shocks, the effect of the terms of trade on exter...

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Chi tiết về thư mục
Tác giả chính: Cashin, Paul
Tác giả khác: Kent, Christopher
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2003.
Loạt:IMF Working Papers; Working Paper ; No. 2003/143
Truy cập trực tuyến:Full text available on IMF