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...
| 1. autor: | |
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2021.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2021/198 |
| Hasła przedmiotowe: | |
| Dostęp online: | Full text available on IMF |