01529cas a2200241 a 4500 AALejournalIMF008432 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451853124 1018-5941 BD-DhAAL BD-DhAAL Mercereau, Benoit. The Role of Stock Markets in Current Account Dynamics : Evidence from the United States / Benoit Mercereau. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (35 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper tests a model of the role of stock markets in current account dynamics, developed in a companion paper. With U.S. data, the model performs better than the same model without stock markets. An insight given by the model is that the current account might help predict future stock market performance. This property receives some preliminary empirical confirmation. The results also suggest that stock markets matter to the current account dynamics. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2003/108 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/108/001.2003.issue-108-en.xml IMF e-Library