Matches in SemOpenAlex for { <https://semopenalex.org/work/W1480080011> ?p ?o ?g. }
Showing items 1 to 67 of
67
with 100 items per page.
- W1480080011 abstract "This paper investigates the impact of the exchange rate regime on the current account adjustment process. In a first step, the present analysis assesses previous empirical work supporting the predominant view that more flexible exchange rate regimes facilitate current account adjustments. Using a FGLS estimator with fixed effects and panel corrected standard errors, the author draws upon the methodological approaches of two pertinent papers. The data set encompasses data for 171 countries for the 1970 to 2008 period. According to the fixed effects estimations, evidence in favor of the conventional wisdom does not prove to be robust. After pointing out fundamental weaknesses of the fixed effects estimator within this context, the author performs a dynamic panel estimation using a System GMM estimator fully developed in Blundell and Bond (1998). The results of this approach stand in contrast to the previous estimations, providing solid empirical evidence in favor of the predominant view. A monotonic relationship between exchange rate regime flexibility and the rate of current account reversion can be observed, indicating faster current account convergence for more flexible regimes. By employing an estimator that is more germane to the issue under investigation, the paper fills an important gap between economic common sense and its underlying empirics." @default.
- W1480080011 created "2016-06-24" @default.
- W1480080011 creator A5037659507 @default.
- W1480080011 date "2010-01-01" @default.
- W1480080011 modified "2023-10-18" @default.
- W1480080011 title "Global Imbalances and the Current Account Adjustment Process: An Empirical Analysis" @default.
- W1480080011 cites W1483776844 @default.
- W1480080011 cites W2025416569 @default.
- W1480080011 cites W2027382631 @default.
- W1480080011 cites W2071147040 @default.
- W1480080011 cites W2102088018 @default.
- W1480080011 cites W2134246329 @default.
- W1480080011 cites W2144357229 @default.
- W1480080011 cites W2892031746 @default.
- W1480080011 cites W3122504792 @default.
- W1480080011 cites W3122515594 @default.
- W1480080011 cites W3123135602 @default.
- W1480080011 cites W3125276279 @default.
- W1480080011 cites W3125574125 @default.
- W1480080011 cites W3125708731 @default.
- W1480080011 cites W3143518316 @default.
- W1480080011 cites W52416378 @default.
- W1480080011 doi "https://doi.org/10.2139/ssrn.1639790" @default.
- W1480080011 hasPublicationYear "2010" @default.
- W1480080011 type Work @default.
- W1480080011 sameAs 1480080011 @default.
- W1480080011 citedByCount "5" @default.
- W1480080011 countsByYear W14800800112013 @default.
- W1480080011 countsByYear W14800800112014 @default.
- W1480080011 countsByYear W14800800112016 @default.
- W1480080011 countsByYear W14800800112021 @default.
- W1480080011 crossrefType "journal-article" @default.
- W1480080011 hasAuthorship W1480080011A5037659507 @default.
- W1480080011 hasBestOaLocation W14800800112 @default.
- W1480080011 hasConcept C111368507 @default.
- W1480080011 hasConcept C127313418 @default.
- W1480080011 hasConcept C139719470 @default.
- W1480080011 hasConcept C148043351 @default.
- W1480080011 hasConcept C162324750 @default.
- W1480080011 hasConcept C2776988154 @default.
- W1480080011 hasConcept C52092804 @default.
- W1480080011 hasConceptScore W1480080011C111368507 @default.
- W1480080011 hasConceptScore W1480080011C127313418 @default.
- W1480080011 hasConceptScore W1480080011C139719470 @default.
- W1480080011 hasConceptScore W1480080011C148043351 @default.
- W1480080011 hasConceptScore W1480080011C162324750 @default.
- W1480080011 hasConceptScore W1480080011C2776988154 @default.
- W1480080011 hasConceptScore W1480080011C52092804 @default.
- W1480080011 hasLocation W14800800111 @default.
- W1480080011 hasLocation W14800800112 @default.
- W1480080011 hasLocation W14800800113 @default.
- W1480080011 hasOpenAccess W1480080011 @default.
- W1480080011 hasPrimaryLocation W14800800111 @default.
- W1480080011 hasRelatedWork W1990421676 @default.
- W1480080011 hasRelatedWork W2001331237 @default.
- W1480080011 hasRelatedWork W2047513668 @default.
- W1480080011 hasRelatedWork W2097072666 @default.
- W1480080011 hasRelatedWork W2261346045 @default.
- W1480080011 hasRelatedWork W2288434329 @default.
- W1480080011 hasRelatedWork W3121281137 @default.
- W1480080011 hasRelatedWork W3122637303 @default.
- W1480080011 hasRelatedWork W3123781518 @default.
- W1480080011 hasRelatedWork W3125725880 @default.
- W1480080011 isParatext "false" @default.
- W1480080011 isRetracted "false" @default.
- W1480080011 magId "1480080011" @default.
- W1480080011 workType "article" @default.