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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Chen, Ruo
Rannpháirtithe: Milesi-Ferretti, Gian, Tressel, Thierry
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2012.
Sraith:IMF Working Papers; Working Paper ; No. 2012/236
Rochtain ar líne:Full text available on IMF