Series: IMF Working Papers
Author(s): Joshua Greene , and Magda Kandil
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2002
Keywords: capital and financial account, current account balance, current account deficit, current account deficits, Macroeconomic Aspects Of International Trade And Finance,
Real GDP growth and real effective exchange rate (REER) appreciation appear cointegrated with the current and financial accounts of the U.S. balance of payments. On this basis, we estimate reduced form equations sh...