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Terms of Trade Shocks and the Current Account

Paul Cashin () and Christopher McDermott ()

No 678, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: This paper examines the relationship between terms of trade shocks, private saving, and the current account position.

Keywords: ELASTICITY; INTERNATIONAL TRADE; SAVINGS (search for similar items in EconPapers)
JEL-codes: E21 F32 F41 O51 O52 O56 (search for similar items in EconPapers)
Date: 1999
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