Current Account Dynamics : The Role of Real Shocks.
This paper demonstrates how a full-blown optimizing model of the dynamics of the current account can be reduced to a small-scale collection of reduced-form relations capable of implementing a rich set of macro-economic simulations. Emphasizing the role of shocks to productivity, labor employment, wo...
| Erakunde egilea: | |
|---|---|
| Formatua: | Aldizkaria |
| Hizkuntza: | English |
| Argitaratua: |
Washington, D.C. :
International Monetary Fund,
1989.
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| Saila: | IMF Working Papers; Working Paper ;
No. 1989/080 |
| Sarrera elektronikoa: | Full text available on IMF |