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...
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| Daljnji autori: | , |
| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2012.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2012/236 |
| Online pristup: | Full text available on IMF |