Autor:
Salas Landeau, Sergio A.
This paper studies the existence of "excess" current-account imbalances in Chile in the 1960-1999 period. This phenomenon is modelled using present value tests that allow for variable interest rates and exchange rate fluctuations. Despite its simplicity, most of the observed imbalances in the cur...
Enlace original:
https://repositorio.uahurtado.cl/handle/11242/1767
Salas Landeau, Sergio A.
,
[The Intertemporal Approach to the Current Account: Evidence for Chile]
,
The Intertemporal Approach to the Current Account: Evidence for Chile
