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• W1568472012 abstract "In most intertemporal models of the current account, country specific productivity has ambiguous effects on the current account depending on whether consumption effect or investment effect dominates. The objective of this paper is to investigate the role of productivity shocks, in combination with investment behavior, as a source for current account dynamics for some European countries during the period 1960-2000. We decompose total productivity shocks between global and specific shocks and we examine the role of global and country specific productivity shocks for the current account and investment dynamics." @default.
• W1568472012 created "2016-06-24" @default.
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• W1568472012 date "2001-04-01" @default.
• W1568472012 modified "2023-09-27" @default.
• W1568472012 title "INTERTEMPORAL CURRENT ACCOUNT AND PRODUCTIVITY SHOCKS: EVIDENCE FOR SOME EUROPEAN COUNTRIES" @default.
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• W1568472012 hasPublicationYear "2001" @default.
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