Early critics of the intertemporal approach to the current account (e.g., models such as those in this

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Early critics of the intertemporal approach to the current account (e.g., models such as those in this chapter) argued that a major empirical flaw of the approach is its inability to yield countercyclical current accounts. Are they right?

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Foundations Of International Macroeconomics

ISBN: 9780865716513

1st Edition

Authors: Rogoff, K.

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Question Posted: Nov 13, 2024 03:00 AM

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Early critics of the intertemporal approach to the current account (e.g., models such as those in this

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Foundations Of International Macroeconomics

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