Understanding the Euro Area Current Account

Vahagn Galstyan

No 7/EL/19, Economic Letters from Central Bank of Ireland

Abstract: Adopting a savings-investment approach to the current account, I link the euro area current account to a set of factors that have been identified as reliable covariates in the literature. The results suggest that corporate net lending and the fiscal balance are important covariates of the euro area current account. On the other hand, while demographic factors also matter, their relevance is of second order.

Date: 2019-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.centralbank.ie/docs/default-source/pub ... lstyan).pdf?sfvrsn=8 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbi:ecolet:7/el/19

Access Statistics for this paper

More papers in Economic Letters from Central Bank of Ireland Contact information at EDIRC.
Bibliographic data for series maintained by Fiona Farrelly ().