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Current Account Surpluses and the Interest Rate Island in Switzerland

Current Account Surpluses and the Interest Rate Island in Switzerland »

Source: Current Account Surpluses and the Interest Rate Island in Switzerland

Volume/Issue: 1995/24

Series: IMF Working Papers

Author(s): Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1995

ISBN: 9781451844085

Keywords: foreign assets, net foreign assets, foreign currency, foreign exchange, international standards

This paper describes some long-run aspects of the Swiss balance of payments, highlighting two macroeconomic phenomena that make Switzerland stand out among other countries: first, it has had a persistent current ac...

3 Empirical Analysis of the Current Account1

3 Empirical Analysis of the Current Account1 »

Source: External Performance in Low-Income Countries

Series: Occasional Papers

Author(s): Alessandro Prati , Luca Ricci , Lone Engbo Christiansen , Stephen Tokarick , and Thierry Tressel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 2011

ISBN: 9781616350536

Keywords: External sector, Low-income developing countries, Real effective exchange rates, exchange rate, current account, real exchange rate, foreign assets, net foreign assets

This chapter analyzes the medium-term relationship between the current account and a set of fundamentals. Following the existing literature, the estimations consist of ordinary least squares or fixed-effect...

Current Account Surpluses and the Interest Rate Island in Switzerland

Current Account Surpluses and the Interest Rate Island in Switzerland »

Volume/Issue: 1995/24

Series: IMF Working Papers

Author(s): Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1995

DOI: http://dx.doi.org/10.5089/9781451844085.001

ISBN: 9781451844085

Keywords: foreign assets, net foreign assets, foreign currency, foreign exchange, international standards

This paper describes some long-run aspects of the Swiss balance of payments, highlighting two macroeconomic phenomena that make Switzerland stand out among other countries: first, it has had a persistent current ac...