000 | 02418nam a22004454a 4500 | ||
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001 | WPIEA1302002 | ||
003 | IMF | ||
005 | 20190405162025.0 | ||
006 | m o d | ||
007 | cr cn||||||||| | ||
008 | 020129s2002 dcu o i00 0 eng d | ||
020 |
_a1451855206 : _c15.00 USD |
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020 | _z9781451855203 | ||
022 | _a1018-5941 | ||
024 | 7 |
_a10.5089/9781451855203.001 _2doi |
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035 | _a(IMF)WPIEA1302002 | ||
040 |
_aDcWaIMF _beng |
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100 | 1 | _aChinn, Menzie David. | |
245 | 1 | 0 |
_aCurrent Account and Real Exchange Rate Dynamics in the G-7 Countries _h[electronic resource] / _cMenzie David Chinn. |
260 |
_aWashington, D.C. : _bInternational Monetary Fund, _c2002. |
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300 | _a1 online resource (22 p.) | ||
490 | 1 |
_aIMF Working Papers; Working Paper ; _vNo. 02/130 |
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520 | 3 | _aThe canonical predictions of intertemporal open-economy macro models are tested by a structural VAR analysis of Group of Seven countries. The analysis is distinguished from the previous literature in that it adopts minimal assumptions for identification. Consistent with a large set of theoretical models, permanent shocks have large long-term effects on the real exchange rate but relatively small effects on the current account; temporary shocks have large effects on the current account and exchange rate in the short run, but not on either variable in the long run. The signs of some impulse responses point toward models that differentiate tradables and nontradables. | |
588 | _aDescription based on print version record. | ||
650 | 7 |
_aCurrent Account Balance _2imf |
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650 | 7 |
_aExchange Rate _2imf |
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650 | 7 |
_aExchange Rates _2imf |
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650 | 7 |
_aIntertemporal Models _2imf |
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650 | 7 |
_aOpen Economy Macroeconomics _2imf |
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650 | 7 |
_aPermanent and Temporary Shocks _2imf |
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651 | 7 |
_aGermany _2imf |
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651 | 7 |
_aItaly _2imf |
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651 | 7 |
_aJapan _2imf |
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651 | 7 |
_aUnited Kingdom _2imf |
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651 | 7 |
_aUnited States _2imf |
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700 | 1 | _aLee, Jaewoo. | |
776 | 0 | 8 |
_iPrint Version: _aChinn, Menzie David. _tCurrent Account and Real Exchange Rate Dynamics in the G-7 Countries _dWashington, D.C. : International Monetary Fund, 2002. _z9781451855203 |
830 | 0 |
_aIMF Working Papers; Working Paper ; _vNo. 02/130 |
|
856 | 4 | 0 |
_uhttp://elibrary.imf.org/view/IMF001/01490-9781451855203/01490-9781451855203/01490-9781451855203.xml _zIMF e-Library |
856 | 4 | 0 |
_uhttp://www.imfbookstore.org/IMFORG/9781451855203 _zIMF Book Store |
999 |
_c150857 _d150857 |