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Does the Current Account Matter?

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NBER2001-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8275
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The purpose of this paper is to investigate in detail the behavior of the current account in emerging economies, and in particular its role if any in financial crises. Models of current account behavior are reviewed, and a dynamic model of current account sustainability is developed. The empirical
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2001-05-01
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