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The Role of Stock Markets in Current Account Dynamics :, Evidence from the United States, Benoît Mercereau

Abstract
This paper tests a model of the role of stock markets in current account dynamics, developed in a companion paper. With U.S. data, the model performs better than the same model without stock markets. An insight given by the model is that the current account might help predict future stock market performance. This property receives some preliminary empirical confirmation. The results also suggest that stock markets matter to the current account dynamics
Language
eng
Literary Form
non fiction
Note
Bibliographic Level Mode of Issuance: Monograph
Physical Description
1 online resource (35 pages)
Form Of Item
online
Isbn
9781452759319

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