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,” Journal of Business and Economics Statistics, 20, 147–162.
Ventura, J. (2003): “Towards a theory of current account,” World … shocks are acknowledged to be an important force
driving the world business cycle (see, for example, Gregory and Head, 1999 … 873
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force driving the world business cycle (see, for example, Gregory and Head, 1999; Kose,
Otrok, and …