Current Account Reversals and Structural Change in Developing and Industrialized Countries

William Craighead and David Hineline

No 2013-001, Wesleyan Economics Working Papers from Wesleyan University, Department of Economics

Abstract: This paper examines the compositional changes that occur in economies experiencing current account reversals using sectoral-level data on output and employment growth around 55 reversal episodes. The experiences of developing and industrialized countries are compared, and the role of currency crises is also examined. Labor market adjustments following reversals is developing countries is shown to differ from that of industrialized economies. The possibility that this difference is related to labor market informality is briefly examined.

JEL-codes: F3 F4 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2013-03
New Economics Papers: this item is included in nep-iue and nep-opm
References: Add references at CitEc
Citations:

Downloads: (external link)
http://repec.wesleyan.edu/pdf/bcraighead/2013001_craighead.pdf (application/pdf)

Related works:
Journal Article: Current account reversals and structural change in developing and industrialized countries (2015)
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:wes:weswpa:2013-001

Access Statistics for this paper

More papers in Wesleyan Economics Working Papers from Wesleyan University, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Manolis Kaparakis ().