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...
Údar corparáideach: | |
---|---|
Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
1989.
|
Sraith: | IMF Working Papers; Working Paper ;
No. 1989/080 |
Rochtain ar líne: | Full text available on IMF |