Results 81 to 90 of about 7,176,704 (213)
Common Stochastic Trends in the Current Account [PDF]
Solow residuals are used as proxies for productivity shocks in many empirical studies.Considering the shortcomings of this approach this paper proposes the common trends approach as an alternative.The common trends econometric technique is utilized here ...
Kumah, F.Y.
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Asset price booms and current account deficits [PDF]
Before the global financial crisis of 2007–2009, the United States and several other countries posted large current account deficits. Many of these countries also experienced asset price booms. Evidence suggests the two developments were linked.
Paul Bergin
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Modern concepts of the equilibrium real exchange rate estimates
Mенаџмент у хотелијерству и туризму, 2014 Ambivalent attitudes of experts and different empirical results, often unsuccessful, as a result of the application of traditional concepts forming the exchange rate contributed to a new wave of research on the equilibrium real exchange rate, which ...
Brankica Pažun
doaj
Current Account Deficits in European Emerging Markets [PDF]
Many of the emerging market economies in Europe are presently running current account deficits which are quite high relative to any global or historical standard and are fundamentally unsustainable.
Robert Shelburne
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Will Japan's Current Account Turn to Deficit? [PDF]
The Japanese current account has been in surplus since 1981, ranging from 1% to more than 4% of GDP. In this paper, we review the macroeconomic forces that have driven the surplus and describe likely changes in the first part of the next century.
Byron Gangnes, F. Gerard Adams
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برنامهریزی و بودجه, 2019 One of the important economic variables related to the foreign balance of countries is the current account balance of payments. Current account balance and budget balance are considered as important indicators of macroeconomic stability and welfare.
Arezoo Nasirpour +3 more
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Adjustment of the US current account deficit [PDF]
We present a two country DGE model and estimate it using Bayesian techniques and euro area and US quarterly data for 1977–2004. In analysing the current accounts we find that a lower US rate of time preference or a higher dollar risk premium could render
Kortelainen, Mika
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House Price Booms and the Current Account [PDF]
A simple open economy asset pricing model can account for the house price and current account dynamics in the G7 over the years 2001-2008. The model features rational households, but assumes that households entertain subjective beliefs about price ...
Albert Marcet, Klaus Adam, Pei Kuang
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International Reserves Management and the Current Account [PDF]
The paper assesses the costs and benefits of active international reserve management (IRM), shedding light on the question of how intense should IRM be for an emerging market. In principle, an active IRM strategy could lower real exchange rate volatility
Joshua Aizenman
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