What Causes the Volatility of the Balancing Item?

Mei-yin Lin () and Hui-hua Wang ()
Additional contact information
Mei-yin Lin: Department of Economics, Shih Hsin University, Taiwan
Hui-hua Wang: Department of Public Finance, National Chengchi University, Taiwan

Economics Bulletin, 2009, vol. 29, issue 4, 2738-2748

Abstract: This paper analyzes the impacts of timing errors, capital flows and economic openness on the behavior of the balancing item. We choose Norway, Sweden, Philippines and South Africa as sample countries where the size of the balancing item is often excess the IMF's criterion of ‘smallness'. The empirical results show that the sources of the volatility of the balancing item are different among these four countries.

Keywords: Balancing item; Balance of payments (search for similar items in EconPapers)
JEL-codes: C3 F3 (search for similar items in EconPapers)
Date: 2009-10-29
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2009/Volume29/EB-09-V29-I4-P28.pdf (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:ebl:ecbull:eb-09-00388

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().