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The Role of Stock Markets in Current Account Dynamics

The Role of Stock Markets in Current Account Dynamics »

Source: The Role of Stock Markets in Current Account Dynamics : Evidence from the United States

Volume/Issue: 2003/108

Series: IMF Working Papers

Author(s): Benoît Mercereau

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

ISBN: 9781451853124

Keywords: fundamental equation, U.S. data, current account deficit, current account dynamics, current account deficits, current account surplus,

This paper tests a model of the role of stock markets in current account dynamics, developed in a companion paper. With U.S. data, the model performs better than the same model without stock markets. An insight giv...

The Role of Stock Markets in Current Account Dynamics
			: Evidence from the United States

The Role of Stock Markets in Current Account Dynamics : Evidence from the United States »

Volume/Issue: 2003/108

Series: IMF Working Papers

Author(s): Benoît Mercereau

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

DOI: http://dx.doi.org/10.5089/9781451853124.001

ISBN: 9781451853124

Keywords: fundamental equation, U.S. data, current account deficit, current account dynamics, current account deficits, current account surplus,

This paper tests a model of the role of stock markets in current account dynamics, developed in a companion paper. With U.S. data, the model performs better than the same model without stock markets. An insight giv...