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The Current Account Debate in Australia: Changing Policy Perspectives

Author

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  • Jocelyn Horne

    () (Department of Economics, Macquarie University)

Abstract

How have views on Australia's current account deficit evolved over the past two decades? What factors have shaped and altered policy and market perceptions of the current account? This paper examines these questions within the framework of the intellectual underpinnings of the debate on the current account between economists and policymakers in the 1980s and evolving macro policy framework and policy constraints.

Suggested Citation

  • Jocelyn Horne, 2001. "The Current Account Debate in Australia: Changing Policy Perspectives," Research Papers 0111, Macquarie University, Department of Economics.
  • Handle: RePEc:mac:wpaper:0111
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    File URL: http://www.econ.mq.edu.au/research/2001/11-2001Horne.PDF
    File Function: First Version, 2001
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    Citations

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    Cited by:

    1. Rochelle Belkar & Lynne Cockerell & Christopher Kent, 2008. "Current Account Deficits: Tha Australian Debate," Central Banking, Analysis, and Economic Policies Book Series,in: Kevin Cowan & Sebastián Edwards & Rodrigo O. Valdés & Norman Loayza (Series Editor) & Klaus Schmidt- (ed.), Current Account and External Financing, edition 1, volume 12, chapter 13, pages 491-535 Central Bank of Chile.

    More about this item

    Keywords

    current account debate; macro policy; neoclassical intertemporal model;

    JEL classification:

    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

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