Communaute economique et monetaire de l'Afrique centrale (CEMAC) : Questions generales.
We use a cross-country panel framework to analyze the effect of net official flows (chiefly foreign exchange intervention) on current accounts. We find that net official flows have a large but plausible effect on current account balances. The estimated effects are larger with instrumental variables...
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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2014.
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| Серии: | IMF Staff Country Reports; Country Report ;
No. 2014/305 |
| Online-ссылка: | Full text available on IMF |