Consumption Smoothing and the Current Account : Evidence for France, 1970-1994 /
This paper estimates a simple consumption-smoothing model of the French current account, and examines its capacity to predict recent developments in France's external performance. The model views the current account as a buffer through which private agents can smooth consumption over time in re...
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| Other Authors: | , , |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1995.
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| Series: | IMF Working Papers; Working Paper ;
No. 1995/119 |
| Online Access: | Full text available on IMF |