What Determines the Current Account?: A Cross-Sectional and Panel Approach
This paper uses cross-section and panel data to examine the determinants of the current account. The empirics find a significant impact of the stage of development and demographic factors in the cross section. Estimating partial-adjustment and error-correction models using panel data, the paper find...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1996
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 96/58 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper uses cross-section and panel data to examine the determinants of the current account. The empirics find a significant impact of the stage of development and demographic factors in the cross section. Estimating partial-adjustment and error-correction models using panel data, the paper finds a short- and long-run impact of fiscal policy on the current account in the time series. The real exchange rate, the business cycle and the terms of trade are also shown to have short-run effects on the current account, while the stage of development and demographics have longer-run effects |
| Beschreibung: | 1 Online-Ressource (42 p) |
| ISBN: | 1451966709 9781451966701 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:17Z |
| indexdate | 2024-07-10T09:35:24Z |
| institution | BVB |
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| language | English |
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| spelling | Faruqee, Hamid Verfasser aut What Determines the Current Account? A Cross-Sectional and Panel Approach Faruqee, Hamid Washington, D.C International Monetary Fund 1996 1 Online-Ressource (42 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 96/58 This paper uses cross-section and panel data to examine the determinants of the current account. The empirics find a significant impact of the stage of development and demographic factors in the cross section. Estimating partial-adjustment and error-correction models using panel data, the paper finds a short- and long-run impact of fiscal policy on the current account in the time series. The real exchange rate, the business cycle and the terms of trade are also shown to have short-run effects on the current account, while the stage of development and demographics have longer-run effects Online-Ausg Debelle, Guy Sonstige oth http://elibrary.imf.org/view/IMF001/07879-9781451966701/07879-9781451966701/07879-9781451966701.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Faruqee, Hamid What Determines the Current Account? A Cross-Sectional and Panel Approach |
| title | What Determines the Current Account? A Cross-Sectional and Panel Approach |
| title_auth | What Determines the Current Account? A Cross-Sectional and Panel Approach |
| title_exact_search | What Determines the Current Account? A Cross-Sectional and Panel Approach |
| title_exact_search_txtP | What Determines the Current Account? A Cross-Sectional and Panel Approach |
| title_full | What Determines the Current Account? A Cross-Sectional and Panel Approach Faruqee, Hamid |
| title_fullStr | What Determines the Current Account? A Cross-Sectional and Panel Approach Faruqee, Hamid |
| title_full_unstemmed | What Determines the Current Account? A Cross-Sectional and Panel Approach Faruqee, Hamid |
| title_short | What Determines the Current Account? |
| title_sort | what determines the current account a cross sectional and panel approach |
| title_sub | A Cross-Sectional and Panel Approach |
| url | http://elibrary.imf.org/view/IMF001/07879-9781451966701/07879-9781451966701/07879-9781451966701.xml |
| work_keys_str_mv | AT faruqeehamid whatdeterminesthecurrentaccountacrosssectionalandpanelapproach AT debelleguy whatdeterminesthecurrentaccountacrosssectionalandpanelapproach |