The Dynamic-Optimizing Approach to the Current Account: Theory and Evidence
The Dynamic-Optimizing Approach to the Current Account: Theory and Evidence
复制标题
经常账户的动态优化方法:理论与证据
DOI:
10.3386/w4334
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发表时间:
1993
期刊:
影响因子:
--
通讯作者:
A. Razin
中科院分区:
文献类型:
--
作者:
A. Razin
The organization of this paper is as follows. Section I builds an empirically implementable model of the current account. Likewise, Section II derives the essential time series properties of the real exchange rate. Positive implications of the intertemporal approach against panel and international cross section data are analyzed in Section III. Section IV brings out evidence relevant for the normative implications of the intertemporal approach, highlighting the role of taxes and incentives, capital controls, and convergence of growth rates. Section V concludes.
影响因子:
1.3
作者:
Furuzawa;A.;H.;Kunieda;et al.;宮本太郎;宮崎真素美;Shigeyuki Kondo;Makoto Yano and Takakazu Honryo
通讯作者:
Makoto Yano and Takakazu Honryo