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...
| Autor kompanije: | |
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| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
1989.
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| Serija: | IMF Working Papers; Working Paper ;
No. 1989/080 |
| Online pristup: | Full text available on IMF |