The Response of the Current Account to Terms of Trade Shocks : Persistence Matters

Persistence Matters

The Response of the Current Account to Terms of Trade Shocks : Persistence Matters
Is the relationship between the current account balance and the terms of trade affected by the persistence of terms of trade shocks? In intertemporal models of the current account that incorporate a consumption-smoothing and an investment response to shocks, the effect of the terms of trade on external balances is predicted to be dependent on... READ MORE...

Publication date: July 2003
ISBN 9781451856361
$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: July 2003

PDF

Publication date: July 2003

ePub

Publication date: July 2003

Mobi

Publication date: July 2003

English