A Simple Model of the Relationship Between Productivity, Saving and the Current Account: = Un modèle simple reliant la productivité, l'épargne et la balance courante
This paper uses a simple dynamic stochastic general equilibrium model to explore the qualitative impact of productivity shocks on current account positions via their impact on the saving behaviour of households. The analysis shows that the direction of the impact is ambiguous from a theoretical poin...
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| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2010
|
| Series: | OECD Economics Department Working Papers
no.816 |
| Subjects: | |
| Online Access: | DE-862 DE-863 |
| Summary: | This paper uses a simple dynamic stochastic general equilibrium model to explore the qualitative impact of productivity shocks on current account positions via their impact on the saving behaviour of households. The analysis shows that the direction of the impact is ambiguous from a theoretical point of view. This impact depends in particular on consumer's willingness to shift consumption over time relative to their willingness to shift consumption between different types of goods, on whether they believe the shock to be temporary or permanent, and on the sector in which the shock occurs. |
| Physical Description: | 1 Online-Ressource (23 Seiten) 21 x 29.7cm. |
Staff View
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| id | ZDB-13-SOC-061318981 |
| illustrated | Not Illustrated |
| indexdate | 2025-03-18T14:29:18Z |
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| language | English |
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| publishDate | 2010 |
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| series2 | OECD Economics Department Working Papers |
| spelling | Fournier, Jean-Marc VerfasserIn aut A Simple Model of the Relationship Between Productivity, Saving and the Current Account = Un modèle simple reliant la productivité, l'épargne et la balance courante Jean-Marc, Fournier and Isabell, Koske Un modèle simple reliant la productivité, l'épargne et la balance courante Paris OECD Publishing 2010 1 Online-Ressource (23 Seiten) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.816 This paper uses a simple dynamic stochastic general equilibrium model to explore the qualitative impact of productivity shocks on current account positions via their impact on the saving behaviour of households. The analysis shows that the direction of the impact is ambiguous from a theoretical point of view. This impact depends in particular on consumer's willingness to shift consumption over time relative to their willingness to shift consumption between different types of goods, on whether they believe the shock to be temporary or permanent, and on the sector in which the shock occurs. Economics Koske, Isabell MitwirkendeR ctb |
| spellingShingle | Fournier, Jean-Marc A Simple Model of the Relationship Between Productivity, Saving and the Current Account = Un modèle simple reliant la productivité, l'épargne et la balance courante Economics |
| title | A Simple Model of the Relationship Between Productivity, Saving and the Current Account = Un modèle simple reliant la productivité, l'épargne et la balance courante |
| title_alt | Un modèle simple reliant la productivité, l'épargne et la balance courante |
| title_auth | A Simple Model of the Relationship Between Productivity, Saving and the Current Account = Un modèle simple reliant la productivité, l'épargne et la balance courante |
| title_exact_search | A Simple Model of the Relationship Between Productivity, Saving and the Current Account = Un modèle simple reliant la productivité, l'épargne et la balance courante |
| title_full | A Simple Model of the Relationship Between Productivity, Saving and the Current Account = Un modèle simple reliant la productivité, l'épargne et la balance courante Jean-Marc, Fournier and Isabell, Koske |
| title_fullStr | A Simple Model of the Relationship Between Productivity, Saving and the Current Account = Un modèle simple reliant la productivité, l'épargne et la balance courante Jean-Marc, Fournier and Isabell, Koske |
| title_full_unstemmed | A Simple Model of the Relationship Between Productivity, Saving and the Current Account = Un modèle simple reliant la productivité, l'épargne et la balance courante Jean-Marc, Fournier and Isabell, Koske |
| title_short | A Simple Model of the Relationship Between Productivity, Saving and the Current Account |
| title_sort | simple model of the relationship between productivity saving and the current account un modele simple reliant la productivite l epargne et la balance courante |
| title_sub | = Un modèle simple reliant la productivité, l'épargne et la balance courante |
| topic | Economics |
| topic_facet | Economics |
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