NET FOREIGN ASSETS AND CONSUMPTION IN CANADA

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NET FOREIGN ASSETS AND CONSUMPTION IN CANADA
Автор
 
Год
 
Страниц
 
72
ISBN
 
9783639201772
Категория
 
Новые поступления

Описание:

This book specifies a system of the current account by introducing net foreign assets, and extends the consumption smoothing framework to a small open economy. Our starting point is that net foreign assets might play a significant role in the system and may influence domestic consumption decisions. Our objective is thus to understand the co-movements of consumption, net foreign assets, and domestic income.

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