Mello, Luiz de; Padoan, Pier Carlo; Rousová, Linda - Economics Department, Organisation de Coopération et … - 2011
current account reversals is applied to the real growth rate of GDP of more than 100 countries during the period 1971-2007. We … increase the probability of a sustained rise in the rate of growth of GDP (growth acceleration) beyond those generated by real … exchange rate effects. Current account reversals associated with a deterioration of external positions make impending GDP …