Medium-term determinants of current accounts in industrial and developing countries : an empirical exploration /

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Bibliographic Details
Author / Creator:Chinn, Menzie David, author.
Imprint:[Washington, D.C.] : International Monetary Fund, Research Department, 2000.
©2000
Description:1 online resource (39 pages) : illustrations.
Language:English
Series:IMF working paper ; WP/00/46
IMF working paper ; WP/00/46.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496765
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Other authors / contributors:Prasad, Eswar, author.
International Monetary Fund. Research Department, issuing body.
ISBN:1451893728
9781451893724
1281387010
9781281387011
1462355080
9781462355082
1452757348
9781452757346
9786613779823
6613779822
9781451846546
1451846541
ISSN:2227-8885
Notes:Includes bibliographical references (pages 37-39).
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Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:The objective of this paper is to provide an empirical characterization of the determinants of current account balances for a large sample of industrial and developing countries. The approach taken here is to view the current account from the longer-run perspective of saving-investment balances. Thus, the roles of the "fundamental" determinants of saving and investment levels are emphasized rather than factors influencing the short-run dynamics of the current account. Using both cross-section and panel data estimation techniques and an extensive dataset that covers industrial and developing countries, we characterize the main determinants of medium-term current account variation across countries and over time.
Other form:Print version: Chinn, Menzie David. Medium-term determinants of current accounts in industrial and developing countries. [Washington, D.C.] : International Monetary Fund, Research Department, ©2000
Standard no.:10.5089/9781451893724.001