External Imbalances in the Euro Area /

The paper examines the extent to which current account imbalances of euro area countries are related to intra-euro area factors and to external trade shocks. We argue that the traditional explanations for the rising imbalances are correct, but are incomplete. We uncover a large impact of declines in...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Chen, Ruo
Kolejni autorzy: Milesi-Ferretti, Gian, Tressel, Thierry
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2012.
Seria:IMF Working Papers; Working Paper ; No. 2012/236
Dostęp online:Full text available on IMF