Series: IMF Working Papers
Author(s): Claude Bismut , Paul Cashin , C. McDermott , and Pierre-Richard Agénor
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 1995
Keywords: current account balance, current account surplus, current account deficit, current account surpluses
This paper estimates a simple consumption-smoothing model of the French current account, and examines its capacity to predict recent developments in France’s external performance. The model views the current...