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Are Australia's Current Account deficits Excessive?

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Author Info

  • Cashin, P.

Abstract

This paper compares the evolution of the Australian current account balance over the period 1954-94 against an optimal current account derived from a consumption-smoothing model.

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Bibliographic Info

Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 533.

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Length: 21 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:mlb:wpaper:533

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Postal: Department of Economics, The University of Melbourne, 5th Floor, Economics and Commerce Building, Victoria, 3010, Australia
Phone: +61 3 8344 5289
Fax: +61 3 8344 6899
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Web page: http://www.economics.unimelb.edu.au
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Related research

Keywords: PUBLIC FINANCE; DEFICIT;

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