The Intertemporal Approach to the Current Account

The intertemporal approach views the current-account balance as the outcome of forward-looking dynamic saving and investment decisions. This paper, a chapter in the forthcoming third volume of the Handbook of International Economics, surveys the theory and empirical work on the intertemporal跨期方法（intertemporal approach）将经常账户余额视为前瞻性动态储蓄与投资决策的结果。本文作为即将出版的《国际经济学手册》（Handbook of International Economics）第三卷中的一章，综述了有关跨期的理论与实证研究。