Current account balance cyclicality

We assess the cyclicality of current account balances for the period 2001Q1–2014Q4, focusing on Portugal and using Germany as a benchmark. We find that the cyclical component of the current account was positively explained by 3-month Euribor, but negatively by the financial crisis, systemic stress i...

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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Silva, Jorge (author)
Formato: article
Idioma:eng
Publicado em: 2022
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/25526
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/25526