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Durable Goods, Time Preference and The Dynamics of the Current Account

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  • Arman Mansoorian

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  • Mohammed Mohsin

Abstract

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Suggested Citation

  • Arman Mansoorian & Mohammed Mohsin, 2008. "Durable Goods, Time Preference and The Dynamics of the Current Account," Open Economies Review, Springer, vol. 19(3), pages 337-354, July.
  • Handle: RePEc:kap:openec:v:19:y:2008:i:3:p:337-354
    DOI: 10.1007/s11079-007-9013-0
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    File URL: http://hdl.handle.net/10.1007/s11079-007-9013-0
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    References listed on IDEAS

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    1. Backus, David K & Kehoe, Patrick J & Kydland, Finn E, 1994. "Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?," American Economic Review, American Economic Association, vol. 84(1), pages 84-103, March.
    2. David Backus & Patrick Kehoe & Finn Kydland, 1992. "Dynamics of the trade balance and the terms of trade: the J-curve revisited," Discussion Paper / Institute for Empirical Macroeconomics 65, Federal Reserve Bank of Minneapolis.
    3. De Gregorio, Jose & Guidotti, Pablo E & Vegh, Carlos A, 1998. "Inflation Stabilisation and the Consumption of Durable Goods," Economic Journal, Royal Economic Society, vol. 108(446), pages 105-131, January.
    4. Svensson, Lars E O & Razin, Assaf, 1983. "The Terms of Trade and the Current Account: The Harberger-Laursen-Metzler Effect," Journal of Political Economy, University of Chicago Press, vol. 91(1), pages 97-125, February.
    5. Epstein, Larry G., 1987. "A simple dynamic general equilibrium model," Journal of Economic Theory, Elsevier, vol. 41(1), pages 68-95, February.
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    Citations

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    Cited by:

    1. SY Mouhamadou, 2015. "Working Paper 228 - Overborrowing and Balance of Payments Imbalances in a Monetary Union," Working Paper Series 2320, African Development Bank.
    2. Mouhamadou Sy, 2016. "Overborrowing and Balance of Payments Imbalances in a Monetary Union," Review of International Economics, Wiley Blackwell, vol. 24(1), pages 67-98, February.

    More about this item

    Keywords

    Durable goods; Time preference; Terms of trade; Current account; F32;

    JEL classification:

    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

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