Lebrand, Mathilde; Vasishtha, Garima; Yilmazkuday, Hakan - 2023
This paper investigates the effects of real energy price shocks on the current account balances of 45 emerging market ….06 percentage point improvement in the current account balances of natural gas exporters after five years. Real coal price shocks … result in higher current account balances of oil exporters and natural gas exporters, suggesting substitution of coal with …