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Una prueba econométrica del enfoque moderno de la cuenta corriente en México

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  • Feliz, Raúl Aníbal

    (El Colegio de México/CIDE)

  • Vargas, Laura

    (Centro de Investigación y Docencia Económicas)

Abstract

This paper derives and evaluates the observable implications of the new view of the current account of the balance of payments in Mexico, during the period 1950-1991. According to this view, the current account is a result of the optimal decisions towards saving and investing from economic agents. The results arising from econometric tests applied to Mexico are consistent with the observable implications of this new view.

Suggested Citation

  • Feliz, Raúl Aníbal & Vargas, Laura, 1994. "Una prueba econométrica del enfoque moderno de la cuenta corriente en México," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 9(2), pages 189-207.
    • Handle: RePEc:emx:esteco:v:9:y:1994:i:2:p:189-207
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    File URL: https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/278/281
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    References listed on IDEAS

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    5. Sheffrin, Steven M. & Woo, Wing Thye, 1990. "Present value tests of an intertemporal model of the current account," Journal of International Economics, Elsevier, vol. 29(3-4), pages 237-253, November.
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