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CURRENT ACCOUNT SUSTAINABILITY IN SELECTED TRANSITION COUNTRIES [PDF]

open access: yes, 2006
The article examines the question of whether the current account deficits seen in selected transition economies in recent years mainly as a symptom of the dynamic economic activity of the catching-up process are a source of potential macroeconomic ...
Aristovnik, Aleksander
core   +3 more sources

Current account sustainability: A non-linear comparative empirical overview [PDF]

open access: yesPanoeconomicus, 2018
This study aims to examine the sustainability of current account deficits for Hungary, Poland, Czech Republic and Turkey over the period 1998Q1:2014Q2, with a special attention to the Turkish case, by applying the theoretical model of Steven Husted (1992)
İyidoğan Pelin Varol, Turan Taner
doaj   +1 more source

CURRENT ACCOUNT ADJUSTMENTS IN SELECTED TRANSITION COUNTRIES [PDF]

open access: yes, 2006
The paper investigates sharp reductions seen in current account deficits in selected transition countries in the 1992- 2003 period. The analysis focuses on three important aspects of these current account reversals: a) to examine those factors that might
Aristovnik, Aleksander
core   +1 more source

Trending Current Accounts [PDF]

open access: yes, 2009
Trending current accounts pose a challenge for intertemporal open-economy macro models. This paper shows that a two-country representative-agent business cycle model is able to explain the historical time-paths of the US and Japanese current accounts, both of which display trends but in opposite directions.
Horag Choi, Nelson Mark
openaire   +2 more sources

Current equilibrium exchange rate in Colombia (2000-2020)

open access: yesBrazilian Journal of Political Economy, 2022
Using estimations by Bresser-Pereira et al. (2021), this paper analyses the misalignment between the real exchange rate and the current account equilibrium exchange rate in Colombia in the last two decades (2000-2020).
GONZALO HERNÁNDEZ
doaj   +1 more source

New steps in the construction of New Developmentalism [PDF]

open access: yesBrazilian Journal of Political Economy, 2023
In this paper I propose new or relatively new steps in the construction of New Developmentalism: the existence of current account policies, the policy of growth with current account deficit, besides the current and the industrial equilibriums, the ...
LUIZ CARLOS BRESSER-PEREIRA
doaj   +1 more source

What Drives China's Current Account? [PDF]

open access: yesSSRN Electronic Journal, 2010
The paper offers an empirical taxonomy of the factors driving China's current account. A simple present-value model with non-tradeable goods explains more than 70 percent of current account variability over the period 1982–2007, including the persistent surpluses since 2001.
openaire   +3 more sources

Current Account determinants in Southeast European (SEE) countries – panel approach [PDF]

open access: yesZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2017
The aim of this paper is to examine the relation between the current account balance and its determinants for a sample of 9 SEE countries (Bulgaria, Croatia, Romania, Moldova, Serbia, Bosnia and Herzegovina, Macedonia, Montenegro, and Albania) over ...
Radovan Kovačević
doaj   +1 more source

Merchanting and Current Account Balances [PDF]

open access: yesFederal Reserve Bank of Dallas, Globalization and Monetary Policy Institute Working Papers, 2013
AbstractMerchanting is goods trade that does not cross the border of the firm's country of residence. Merchanting grew strongly in the last decade in several European economies and has become an important determinant of these countries’ current account.
Elisabeth Beusch   +3 more
openaire   +3 more sources

Monetary and absorption approach to explain the Croatian current account [PDF]

open access: yesZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2018
The paper brings the determinants of Croatian current account dynamics under monetary and absorption approach. The main hypothesis of the paper assumes that Croatian current account can be explained within the framework based on the monetary and ...
Mile Bošnjak, Ivan Novak, Ante Krišto
doaj   +1 more source

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