How sustainable are OECD current account balances in the long-run?

The study examines the stationarity and long-run sustainability of OECD current account balances. For this purpose, tests for stationarity and then cointegration between exports and imports are based on recently developed panel data methods that offer increased power over existing time series techni...

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Bibliographic Details
Main Author: Mark J. Holmes
Format: Default Preprint
Published: 2003
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