The present-value model of the current account has been rejected: Round up the usual suspects

Journal of International Economics

Volumn 68, Issue 1, 2006, Pages 159-187

  Nason, James M ^a   Rogers, John H ^b  

^a FEDERAL RESERVE BANK OF ATLANTA   (United States)

^b Federal Reserve Board Division of International Finance   (United States)

Author keywords

Bayesian Monte Carlo; Current account; International capital mobility; Present value model; World real interest rate

Indexed keywords

FISCAL POLICY; MATHEMATICAL ANALYSIS; MODEL; MONTE CARLO ANALYSIS;

POTATO VIRUS M;

EID: 29844432436     PISSN: 00221996     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jinteco.2005.01.004     Document Type: Article

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