Author/Editor: Olumuyiwa Adedeji.

Release Date:August, 2001

This paper presents a model of current account determination, based upon the permanent-income hypothesis. A present-value relationship among the current account, changes in net output, the exchange more...

Author/Editor: Olumuyiwa Adedeji.

Release Date:June, 2001

This paper uses an intertemporal model of the current account and macroeconomic indicators to examine the size and sustainability of Nigerian current account deficits over the 1960-97 period. The more...