External Imbalances in the Euro Area /

External Imbalances in the Euro Area /

The paper examines the extent to which current account imbalances of euro area countries are related to intra-euro area factors and to external trade shocks. We argue that the traditional explanations for the rising imbalances are correct, but are incomplete. We uncover a large impact of declines in...

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Dades bibliogràfiques
Autor principal:	Chen, Ruo
Altres autors:	Milesi-Ferretti, Gian, Tressel, Thierry
Format:	Revista
Idioma:	English
Publicat:	Washington, D.C. : International Monetary Fund, 2012.
Col·lecció:	IMF Working Papers; Working Paper ; No. 2012/236
Accés en línia:	Full text available on IMF

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