Current Account Sustainability in Brazil: A Non-Linear Approach
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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资源简介：
The possibility that a country’s external current account may adjust nonlinearly to shocks is attracting
increasing attention in the empirical literature. To shed further light on this issue in the context of
emerging-market economies, this paper uses Brazilian data to estimate the determinants of the current
account in a smooth-transition...
