Lee, Jaewoo (contributor); Chinn, Menzie David (contributor) - 2004 - [Elektronische Ressource]
CURRENT ACCOUNT AND REAL EXCHANGE RATE DYNAMICS
IN THE G-7 COUNTRIES
Jaewoo Lee
a
Menzie D. Chinn
b … 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 …