Long-Term Trends in the Saving-Investment Balance and Persistent Current Account Surpluses in a Small Open Economy : The Case of the Netherlands »
Series: IMF Working Papers
Author(s): Ioannis Halikias
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 1996
This paper explores, from an investment-saving perspective, the factors underlying the persistent widening of the current account surplus in the Netherlands since the early 1980s. Standard intertemporal models, eve...