Browsing Departament: Economia by Keyword "F37"
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Global imbalances and the intertemporal external budget constraint: A multicointegration approach
Elsevier B.V. (2013-12)This paper analyzes the external solvency of a group of 23 OECD countries for the period 1970–2012. The empirical strategy adopted underlines the increasing importance of the financial channel for the external adjustment ...