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Una prueba econométrica del enfoque moderno de la cuenta corriente en México

Raúl Aníbal Feliz and Laura Vargas
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Raúl Aníbal Feliz: El Colegio de México/CIDE
Laura Vargas: Centro de Investigación y Docencia Económicas

Estudios Económicos, 1994, vol. 9, issue 2, 189-207

Abstract: This paper derives and evaluates the observable implications of the new view of the current account of the balance of payments in Mexico, during the period 1950-1991. According to this view, the current account is a result of the optimal decisions towards saving and investing from economic agents. The results arising from econometric tests applied to Mexico are consistent with the observable implications of this new view.

Date: 1994
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