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Current Account and Real Exchange Rate Dynamics in the G-7 Countries

Author/Editor: Menzie David Chinn, Jaewoo Lee.

Release Date: August, 2002

Price: $15.00

The canonical predictions of intertemporal open-economy macro models are tested by a structural VAR analysis of Group of Seven countries. The analysis is distinguished from the previous literature in more...



On Cyclicality in the Current and Financial Accounts : Evidence from Nine Industrial Countries

Author/Editor: Jens R Clausen, Magda E Kandil.

Release Date: March, 2005

Price: $15.00

The paper investigates cyclical fluctuations in the current and financial (formerly capital) accounts of the balance of payments and major underlying components for nine industrial countries. The more...