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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Chen, Ruo
Awduron Eraill: Milesi-Ferretti, Gian, Tressel, Thierry
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2012.
Cyfres:IMF Working Papers; Working Paper ; No. 2012/236
Mynediad Ar-lein:Full text available on IMF