Mello, Luiz de; Padoan, Pier Carlo; Rousová, Linda - Economics Department, Organisation de Coopération et … - 2011
This paper assesses empirically whether or not current account reversals have permanent growth effects and the role of macroeconomic policies in this process. The methodology developed in de Mello, Padoan and Rousova (2010) to identify a chronology of current account reversals is applied to the...