메뉴 건너뛰기




Volumn 110, Issue 463, 2000, Pages 535-558

Interest rates, exchange rates and present value models of the current account

Author keywords

[No Author keywords available]

Indexed keywords

EXCHANGE RATE; INTEREST RATE; NATIONAL TRADE;

EID: 0034107080     PISSN: 00130133     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-0297.00536     Document Type: Article
Times cited : (119)

References (22)
  • 1
    • 0002941670 scopus 로고
    • World real interest rates
    • (O. J. Blanchard and S. Fischer eds.) Cambridge, MA: MIT Press
    • Barro, R. J. and Sala i Martin, X. (1990). 'World real interest rates.' In (O. J. Blanchard and S. Fischer eds.) NBER Macroeconomics Annual Cambridge, MA: MIT Press, pp. 15-61.
    • (1990) NBER Macroeconomics Annual , pp. 15-61
    • Barro, R.J.1    Sala I Martin, X.2
  • 2
    • 0001271653 scopus 로고
    • Does saving anticipate declining labor income? An alternative test of the permanent income hypothesis
    • Campbell, J. Y. (1987). 'Does saving anticipate declining labor income? An alternative test of the permanent income hypothesis.' Econometrica, vol. 55, no. 6, (November), pp. 1249-74.
    • (1987) Econometrica , vol.55 , Issue.6 NOVEMBER , pp. 1249-1274
    • Campbell, J.Y.1
  • 5
    • 0001274822 scopus 로고
    • Consumption, income, and interest rates: Reinterpreting the time series evidence
    • (O. J. Blanchard and S. Fischer eds.) Cambridge, MA: MIT Press
    • Campbell, J. Y. and Mankiw, N. G. (1989). 'Consumption, income, and interest rates: reinterpreting the time series evidence.' In (O. J. Blanchard and S. Fischer eds.) NBER Macroeconomics Annual. Cambridge, MA: MIT Press, pp. 185-244.
    • (1989) NBER Macroeconomics Annual , pp. 185-244
    • Campbell, J.Y.1    Mankiw, N.G.2
  • 6
    • 84936220056 scopus 로고
    • Cointegration and tests of present value models
    • Campbell, J. Y. and Shiller, R. (1987). 'Cointegration and tests of present value models.' Journal of Political Economy, vol. 95, no. 5, (October), pp. 1062-88.
    • (1987) Journal of Political Economy , vol.95 , Issue.5 OCTOBER , pp. 1062-1088
    • Campbell, J.Y.1    Shiller, R.2
  • 7
    • 0000007521 scopus 로고
    • The dividend-price ratio and expectations of future dividends and discount factors
    • Campbell, J. Y. and Shiller, R. (1989). 'The dividend-price ratio and expectations of future dividends and discount factors.' The Review of Financial Studies, vol. 1, no. 3, (Fall), pp. 195-228.
    • (1989) The Review of Financial Studies , vol.1 , Issue.3 FALL , pp. 195-228
    • Campbell, J.Y.1    Shiller, R.2
  • 8
    • 57049163926 scopus 로고
    • Real interest rates, home goods and optimal external borrowing
    • Dornbusch, R. (1983). 'Real interest rates, home goods and optimal external borrowing.' Journal of Political Economy, vol. 91, no. 1, (November), pp. 141-53.
    • (1983) Journal of Political Economy , vol.91 , Issue.1 NOVEMBER , pp. 141-153
    • Dornbusch, R.1
  • 10
    • 0028892007 scopus 로고
    • International capital mobility among the major industrialised countries: Too little or too much?
    • Ghosh, A. R. (1995). 'International capital mobility among the major industrialised countries: too little or too much?' ECONOMIC JOURNAL, vol. 105, no. 428, (January), pp. 107-28.
    • (1995) Economic Journal , vol.105 , Issue.428 JANUARY , pp. 107-128
    • Ghosh, A.R.1
  • 11
    • 84936526550 scopus 로고
    • Intertemporal substitution in consumption
    • Hall, R. E. (1988). 'Intertemporal substitution in consumption,' Journal of Political Economy, vol. 96, no. 2, (April), pp. 339-57.
    • (1988) Journal of Political Economy , vol.96 , Issue.2 APRIL , pp. 339-357
    • Hall, R.E.1
  • 12
    • 38249001510 scopus 로고
    • Deficits, government expenditures, and tax smoothing in the United States: 1929-1988
    • Huang, C. and Lin, K. (1993). 'Deficits, government expenditures, and tax smoothing in the United States: 1929-1988.' Journal of Monetary Economics, vol. 31, no. 3, (June), pp. 317-39.
    • (1993) Journal of Monetary Economics , vol.31 , Issue.3 JUNE , pp. 317-339
    • Huang, C.1    Lin, K.2
  • 14
    • 46549099071 scopus 로고
    • The equity premium: A puzzle
    • Mehra, R. and Prescott, E. (1985). 'The equity premium: a puzzle.' Journal of Monetary Economics, vol. 15, no. 2, (March), pp. 145-61.
    • (1985) Journal of Monetary Economics , vol.15 , Issue.2 MARCH , pp. 145-161
    • Mehra, R.1    Prescott, E.2
  • 15
    • 84981847320 scopus 로고
    • Consumption smoothing and the current account
    • Milbourne, R. and Otto, G. (1992). 'Consumption smoothing and the current account.' Australian Economic Papers, vol. 31, no. 59, (December), pp. 369-84.
    • (1992) Australian Economic Papers , vol.31 , Issue.59 DECEMBER , pp. 369-384
    • Milbourne, R.1    Otto, G.2
  • 17
    • 0002157622 scopus 로고
    • Testing a present value model of the current account: Evidence from U.S. and Canadian time series
    • Otto, G. (1992). 'Testing a present value model of the current account: evidence from U.S. and Canadian time series.' Journal of International Money and Finance, vol. 11, no. 5, (October), pp. 414-30.
    • (1992) Journal of International Money and Finance , vol.11 , Issue.5 OCTOBER , pp. 414-430
    • Otto, G.1
  • 18
    • 21844518940 scopus 로고
    • Consumption, external assets and the real interest rate
    • Otto, G. and Voss, G. M. (1995). 'Consumption, external assets and the real interest rate.' Journal of Macroeconomics, vol. 17, no. 3, (summer), pp. 471-94.
    • (1995) Journal of Macroeconomics , vol.17 , Issue.3 SUMMER , pp. 471-494
    • Otto, G.1    Voss, G.M.2
  • 19
    • 0001079409 scopus 로고
    • Traded goods consumption smoothing and the random walk behavior of the real exchange rate
    • Rogoff, K. (1992). 'Traded goods consumption smoothing and the random walk behavior of the real exchange rate.' Bank of Japan Monetary and Economic Studies, vol. 10, no. 2, (November), pp. 1-29.
    • (1992) Bank of Japan Monetary and Economic Studies , vol.10 , Issue.2 NOVEMBER , pp. 1-29
    • Rogoff, K.1
  • 20
    • 0005796197 scopus 로고
    • Testing an optimizing model of the current account via the consumption function
    • Sheffrin, S. and Woo, W. T. (1990a). 'Testing an optimizing model of the current account via the consumption function.' Journal of International Money and Finance, vol. 9, no. 2, (June), pp. 220-33.
    • (1990) Journal of International Money and Finance , vol.9 , Issue.2 JUNE , pp. 220-233
    • Sheffrin, S.1    Woo, W.T.2
  • 21
    • 33751189897 scopus 로고
    • Present value tests of an intertemporal model of the current account
    • Sheffrin, S. and Woo, W. T. (1990b). 'Present value tests of an intertemporal model of the current account.' Journal of International Economics, vol. 29, no. 3-4, (November), pp. 237-53.
    • (1990) Journal of International Economics , vol.29 , Issue.3-4 NOVEMBER , pp. 237-253
    • Sheffrin, S.1    Woo, W.T.2
  • 22
    • 0000890517 scopus 로고
    • Tastes and technology in a two-country model of the business cycle: Explaining international comovements
    • Stockman, A. C. and Tesar, L. (1995). 'Tastes and technology in a two-country model of the business cycle: explaining international comovements.' American Economic Review, vol. 85, no. 1, (March), pp. 168-85.
    • (1995) American Economic Review , vol.85 , Issue.1 MARCH , pp. 168-185
    • Stockman, A.C.1    Tesar, L.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.