Gudmundsson, Gudmundur S.; Zoega, Gylfi - In: Economics Letters 123 (2014) 2, pp. 183-186
We adjust current account surpluses and deficits of 57 countries in the period 2005–2009 for differences in the age structure of their populations and find that these differences can account for a significant part of the variation in the data. Among the large countries we find that the...