What Shapes Current Account Adjustment During Recessions? /

This paper studies the dynamics of external accounts during 278 economic recession events in the past 60 years and sheds light on key factors that shape these patterns. Economic recessions trigger highly-persistent increases in the current account, driven by an initial, sharp decline in investment a...

詳細記述

書誌詳細
第一著者: Kolerus, Christina
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2021.
シリーズ:IMF Working Papers; Working Paper ; No. 2021/198
主題:
オンライン・アクセス:Full text available on IMF