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A Structural VAR Approach to the Intertemporal Model of the Current Account

Kano, Takashi - 2005

The intertemporal current account approach predicts that the current account of a small open economy is independent of global shocks, and that responses of the current account to country-specific shocks depend on the persistence of the shocks. This paper shows that these predictions impose...

Persistent link: https://www.econbiz.de/10014066771

A Structural VAR Approach to the Intertemporal Model of the Current Account

Kano, Takashi - 2008

Persistent link: https://www.econbiz.de/10012771627

Investment and the Current Account in the Short Run and the Long Run

Nason, James Michael; Rogers, John H. - 2000

restrictions to identify empirically structural shocks from vector autoregressions of investment and the current account for Canada …

Persistent link: https://www.econbiz.de/10014154168

Habit Formation and the Present-Value Model of the Current Account : Yet Another Suspect

Kano, Takashi - 2010

formation on current account fluctuations in typical small open economies, Canada and the United Kingdom. Results reveal no …

Persistent link: https://www.econbiz.de/10013138440

Habit Formation and the Present-Value Model of the Current Account : Yet Another Suspect

Kano, Takashi - 2007

habit formation on current account fluctuations in a typical small open economy, Canada, by a Bayesian calibration approach …

Persistent link: https://www.econbiz.de/10014225119

The Present-Value Model of the Current Account Has Been Rejected : Round Up the Usual Suspects

Nason, James Michael; Rogers, John H. - 2014

Tests of the present-value model of the current account are frequently rejected by the data. Standard explanations rely on the "usual suspects" of non-separable preferences, shocks to fiscal policy and the world real interest rate, and imperfect international capital mobility. We confirm these...

Persistent link: https://www.econbiz.de/10014048676

Canada's pioneering experience with a flexible exchange rate in the 1950s : (hard) lessons learned for monetary policy in a small open economy

Bordo, Michael D. (contributor); Dib, Ali (contributor); … - 2007

This paper revisits Canada's pioneering experience with floating exchange rate over the period 19501962. It examines … whether the floating rate was the best option for Canada in the 1950s by developing and estimating a New Keynesian small open … that monetary policy was more volatile in the post-1957 period and Canada's macroeconomic performance suffered as a result …

Persistent link: https://www.econbiz.de/10003560550

Does the foreign sector help forecast domestic variables in DSGE models?

Kolasa, Marcin; Rubaszek, Michał - In: International journal of forecasting 34 (2018) 4, pp. 809-821

Persistent link: https://www.econbiz.de/10012031114

Investment and the current account in the short run and the long run

Nason, James Michael; Rogers, John H. - 1999

Persistent link: https://www.econbiz.de/10001426980

The present-value model of the current account has been rejected : round up the usual suspects

Nason, James Michael; Rogers, John H. - 2003

Persistent link: https://www.econbiz.de/10001741308