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Current Account and Real Exchange Rate Dynamics in the G-7 Countries

Current Account and Real Exchange Rate Dynamics in the G-7 Countries »

Source: Current Account and Real Exchange Rate Dynamics in the G-7 Countries

Volume/Issue: 2002/130

Series: IMF Working Papers

Author(s): Menzie Chinn , and Jaewoo Lee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2002

ISBN: 9781451855203

Keywords: real exchange rate, intertemporal models, permanent and temporary shocks, exchange rate, current account balance, exchange rates, Open Economy Macroeconomics,

The canonical predictions of intertemporal open-economy macro models are tested by a structural VAR analysis of Group of Seven countries. The analysis is distinguished from the previous literature in that it adopts...

Current Account and Real Exchange Rate Dynamics in the G-7 Countries

Current Account and Real Exchange Rate Dynamics in the G-7 Countries »

Volume/Issue: 2002/130

Series: IMF Working Papers

Author(s): Menzie Chinn , and Jaewoo Lee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2002

DOI: http://dx.doi.org/10.5089/9781451855203.001

ISBN: 9781451855203

Keywords: real exchange rate, intertemporal models, permanent and temporary shocks, exchange rate, current account balance, exchange rates, Open Economy Macroeconomics,

The canonical predictions of intertemporal open-economy macro models are tested by a structural VAR analysis of Group of Seven countries. The analysis is distinguished from the previous literature in that it adopts...

Macroeconomic Uncertainty, Precautionary Savings and the Current Account

Macroeconomic Uncertainty, Precautionary Savings and the Current Account »

Volume/Issue: 1992/72

Series: IMF Working Papers

Author(s): Jonathan Ostry , and Atish Ghosh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1992

DOI: http://dx.doi.org/10.5089/9781451959048.001

ISBN: 9781451959048

Keywords: current account surplus, current account surpluses, current accounts

The relationship between current account developments and changes in the macroeconomic environment remains a key issue in open economy macroeconomics. This paper extends the standard intertemporal optimizing model...

Macroeconomic Uncertainty, Precautionary Savings and the Current Account

Macroeconomic Uncertainty, Precautionary Savings and the Current Account »

Source: Macroeconomic Uncertainty, Precautionary Savings and the Current Account

Volume/Issue: 1992/72

Series: IMF Working Papers

Author(s): Jonathan Ostry , and Atish Ghosh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1992

ISBN: 9781451959048

Keywords: current account surplus, current account surpluses, current accounts

The relationship between current account developments and changes in the macroeconomic environment remains a key issue in open economy macroeconomics. This paper extends the standard intertemporal optimizing model...