Michał Brzozowski; Prusty, Sadananda - In: International Journal of Economics and Business Research 5 (2013) 3, pp. 239-252
This paper reports on an empirical investigation of the impact of GDP volatility on current account balances for a large sample of developed and developing countries. We extend the standard set of short- and long-term determinants of current accounts to include GDP volatility computed from the...