Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model [PDF]
, 2013 Ricardian dynamic general equilibrium analyses show that under free trade arrangements a low income country with lower wage cost and large endowment of labour has comparative advantage in trade.
Bhattarai, Keshab, Mallick, Sushanta
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(Why) Should Current Account Balances Be Reduced? [PDF]
Staff Discussion Notes, 2011 The purpose of this note is to discuss two complex issues. First, why might a country want to reduce its current account deficit or surplus? And second, why might the international community ask for more? We argue that, in many cases, current account balances reflect underlying domestic distortions.
Blanchard, Olivier Jean +1 more
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The causal relationship between current account and financial account balance in Western Balkan countries: The case of Serbia [PDF]
Bankarstvo, 2020 The Western Balkans (WB) countries registered an increase in the current account (CA) deficit and net capital inflow in the period before the outbreak of the global financial crisis of 2008. The external debt of these countries has increased.
Kovačević Radovan
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Reinvested Earnings Bias, The “Five Percent” Rule and the Interpretation of the Balance of Payments – With an Application to Transition Economies [PDF]
, 2003 We show that the imputation of reinvested profits of the subsidiaries of foreign firms as a debit item on a host country's balance of payments account tends to overstate the current account deficit.
Brada, Josef C., Tomšík, Vladimír
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Oil price shocks and the composition of current account balance
Central Bank Review, 2020 It is a well-established regularity that permanent oil price shocks do not have a permanent effect on the current account deficit. This requires that sub-components of the current account or trade balance will make the necessary adjustments to ...
Serdar Varlik, M. Hakan Berument
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CURRENT ACCOUNT BALANCE, INFLATION, INDUSTRY AND SUSTAINABLE DEVELOPMENT IN JORDAN
Revista Galega de Economía, 2017 In order to achieve that goal, the study presents theoretical and econometric framework for an economic model that includes the determinants of inflation where current account deficit is one of them.
Mohammad ALAWIN, Mohammad OQAILY
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Financial integration, euro and the twin deficits of southern Eurozone countries [PDF]
Panoeconomicus, 2013 The purpose of this study is the examination of the relationship between fiscal and Current Account balances for the countries of southern eurozone. The twin deficit hypothesis is tested within the context of a portfolio model involving variables from
Kosteletou Nikolina E.
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Development of Balance of Payments Concept and Theoretical Approach to Its Equilibrium (with the Emphasis on the Current Account) [PDF]
Statistika: Statistics and Economy Journal, 2023 The paper tries to find an answer to how to perceive the term balance of payments (dis)equilibrium. The text follows the individual editions of the IMF Balance of Payments Manual and concurrent opinions on balance of payments (dis)equilibrium from the ...
Ondřej Šíma
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Cyclically Adjusted Current Account Balances [PDF]
International Finance Discussion Papers, 2014 The Great Financial Crisis coincided with a sizable reduction in global external imbalances, defined as the absolute value of the sum of individual country current account surpluses and deficits relative to global GDP. Although current account balances should not respond to a downturn that is uniform across countries, one that hits countries with ...
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The Role of Remittances in Financing the Current Account Deficit: The Case of Serbia
Naše Gospodarstvo, 2023 Migrations of the resident population in Serbia, with the Western European countries as the main destination, have influenced remittances becoming an important source of income from abroad.
Čakajac Božidar +2 more
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