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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Format: | article |
Language: | eng |
Published: |
2022
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Online Access: | http://hdl.handle.net/10400.5/25526 |
Country: | Portugal |
Oai: | oai:www.repository.utl.pt:10400.5/25526 |