Consumption-Based Interest Rate and the Present-Value Model of the Current Account—Evidence from Nigeria

Consumption-Based Interest Rate and the Present-Value Model of the Current Account—Evidence from Nigeria
This paper presents a model of current account determination, based upon the permanent-income hypothesis. A present-value relationship among the current account, changes in net output, the exchange rate and the terms of trade is derived and the implications of such a relationship are tested using data for Nigeria during 1960-97. This paper... READ MORE...

Publication date: August 2001
ISBN 9781451851656
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: August 2001

PDF

Publication date: August 2001

ePub

Publication date: August 2001

Mobi

Publication date: August 2001

English