Economics at your fingertips  

Jackknife Model Averaging of the Current Account Determinants

Branko Urošević (), Milan Nedeljković () and Emir Zildžović ()
Additional contact information
Branko Urošević: National Bank of Serbia; Faculty of Economics, University of Belgrade, Serbia
Milan Nedeljković: National Bank of Serbia; Faculty of Economics, Finance and Administration, Singidunum University, Belgrade, Serbia
Emir Zildžović: National Bank of Serbia; Serbia

Panoeconomicus, 2012, vol. 59, issue 3, 267-281

Abstract: This paper investigates the short to medium-term empirical relationships between the current account balances and a broad set of macroeconomic determinants in Serbia and selected CEE countries. Using novel model averaging techniques we focus the analysis to individual country’s data only. The results suggest that the model tracks the current account movements over the past decade quite well and captures its relative volatility. Signs and magnitudes of different coefficients indicate significant heterogeneity among countries providing empirical support for the country-level analysis.

Keywords: Current account; Model averaging; Transition countries. (search for similar items in EconPapers)
JEL-codes: F32 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link) (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:

Access Statistics for this article

Panoeconomicus is currently edited by Kosta Josifidis

More articles in Panoeconomicus from Savez ekonomista Vojvodine, Novi Sad, Serbia
Bibliographic data for series maintained by Ivana Horvat ( this e-mail address is bad, please contact ).

Page updated 2021-01-15
Handle: RePEc:voj:journl:v:59:y:2012:i:3:p:267-281