Camba-Crespo, Alfonso; García-Solanes, José; … - In: Economics : the open-access, open-assessment journal 16 (2022) 1, pp. 57-72
This study analyzes the relationships between domestic and foreign output gaps, current-account imbalances, and real … accounts with reciprocal influences between the two variables. Moreover, we observe that increases in current accounts … of 18 advanced economies between 1986 and 2017. We find an inverse relationship between domestic output gaps and current …