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...

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Údar corparáideach: International Monetary Fund
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