The Role of Stock Markets in Current Account Dynamics : Evidence from the United States /
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 per...
| Autor principal: | |
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2003.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2003/108 |
| Accés en línia: | Full text available on IMF |