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Are Australia's Current Account Deficits Excessive?

McDermott, C. John - 1996

This paper compares the evolution of the Australian current account balance over the period 1954–94 against an optimal current account derived from a consumption-smoothing model. The findings indicate that the Australian current account was not used to smooth consumption optimally in the...

Persistent link: https://www.econbiz.de/10014397836

Consumption-smoothing in a small, cyclically volatile open economy : evidence from New Zealand

Kim, Kunhong; Hall, Vivian Bruce; Buckle, Robert A. - In: Journal of international money and finance 25 (2006) 8, pp. 1277-1295

Persistent link: https://www.econbiz.de/10003398659

Are Australia's current account deficits excessive?

Cashin, Paul; McDermott, C. John - 1996

Persistent link: https://www.econbiz.de/10000608511

Intertemporal consumption smoothing and capital mobility : evidence from Australia

Cashin, Paul A.; McDermott, C. John - In: Australian economic papers 41 (2002) 1, pp. 82-98

Persistent link: https://www.econbiz.de/10001998301

Terms of trade shocks and the current account

Cashin, Paul A.; McDermott, C. John - 1998

Persistent link: https://www.econbiz.de/10001350495

Intertemporal substitution and terms-of-tade shocks

Cashin, Paul A.; McDermott, C. John - In: Review of international economics 11 (2003) 4, pp. 604-618

Persistent link: https://www.econbiz.de/10001826159

Consumption smoothing and the current account : evidence for France, 1970 - 94

Agénor, Pierre-Richard; Bismut, Claude; Cashin, Paul A.; … - 1995

Persistent link: https://www.econbiz.de/10000930600

Are Australia's current account deficits excessive?

Cashin, Paul A.; McDermott, C. John - 1996

Persistent link: https://www.econbiz.de/10000947818

Are Australia's current account deficits excessive?

Cashin, Paul A.; McDermott, C. John - 1996

Persistent link: https://www.econbiz.de/10000950395

Terms of trade shocks and the current account

Cashin, Paul; McDermott, C. John - 1999

Persistent link: https://www.econbiz.de/10001364252

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