Financial Regulation and the Current Account

Working Paper No. 12/98

Nopic
This paper examines the relationship between financial regulation and the current account in an intertemporal model of the current account where financial regulation affects the current account through liquidity constraints. Greater liquidity constraints decrease the size and persistence of the current account response to a net output shock. The... READ MORE...

Publication date: April 2012
ISBN 9781475502886
$18.00

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Publication date: April 2012

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Publication date: April 2012

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