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...
| 第一著者: | |
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| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2021.
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| 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 |