The Resource The role of stock markets in current account dynamics : a time-series approach, prepared by Benoît Mercereau

The role of stock markets in current account dynamics : a time-series approach, prepared by Benoît Mercereau

Label
The role of stock markets in current account dynamics : a time-series approach
Title
The role of stock markets in current account dynamics
Title remainder
a time-series approach
Statement of responsibility
prepared by Benoît Mercereau
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
This paper develops a simple model to study the impact of stock markets on the current account. A closed-form solution for the current account is derived from the optimal portfolio and consumption/saving choices of a representative agent. Formally, the model can be seen as a stock market-augmented version of the "fundamental equation of the current account" popularized by Jeffrey Sachs. It appears to shed light on recent developments in the U.S. current account deficit. The model also shows how the current account may help predict future stock market performance and/or endowment streams
Member of
Action
digitized
Cataloging source
OCLCE
Dewey number
382.170973
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.04/50
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/04/50
Label
The role of stock markets in current account dynamics : a time-series approach, prepared by Benoît Mercereau
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 28-30)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647030677
Dimensions
unknown
Extent
1 online resource (30 pages)
File format
one file format
Form of item
online
Isbn
9781281355775
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37166530
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647030677
  • imf1281355771
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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