Current account balance cyclicality

Unit root tests of the current account balance: implications for international capital mobility

Unit Root Tests Of The Current Account Balance: Implications For International Capital Mobility

PÉTER BÁNHEGYI Real or Mock Surplus? Uncertainties in Measuring Goods and Current Account Balance

Statistics are complied upon reports provided by data suppliers which are usually obliged to give their data by law. These laws include goals of these data reports and guidelines for providing them. Even in the case, however, when these data reports fulfil all requirements, we would not be sure that we have got the right picture of economic processes because, as a result of characteristics and ...

What drives China’s Current Account?∗

The paper offers an empirical taxonomy of the factors driving China’s current account. A simple present-value model with non-tradeable goods explains more than 70 percent of current account variability over the period 1982–2007, including the persistent surpluses since 2001. It also correctly predicts the decline of China’s current account since 2008. Expected increases in the prices of non-tra...

Analysis of China's current account: Evidence based on Inter-temporal Current Account Model

Real Wage Cyclicality in Italy

Real Wage Cyclicality in Italy This paper analyzes the cyclical behaviour of male real wages in Italy using the European Community Household Panel 1994-2001. We distinguish between job stayers (remaining in the same job), and withinand between-company job movers. Stayers are the large majority. We find stayers in Northern Italy to have high cyclicality of real wages, higher in fact than the US ...