On Cyclicality in the Current and Financial Accounts : Evidence from Nine Industrial Countries

Evidence from Nine Industrial Countries

On Cyclicality in the Current and Financial Accounts : Evidence from Nine Industrial Countries
The paper investigates cyclical fluctuations in the current and financial (formerly capital) accounts of the balance of payments and major underlying components for nine industrial countries. The empirical model uses as explanatory variables domestic output growth, price inflation, real exchange rate fluctuations, energy price inflation, global... READ MORE...

Publication date: March 2005
ISBN 9781451860757
$15.00

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