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Published in 2018 at "Journal of International Money and Finance"
DOI: 10.1016/j.jimonfin.2018.03.015
Abstract: Abstract Does the current account improve or deteriorate following a monetary policy expansion? We examine this issue theoretically and empirically. We show that a standard open economy DSGE model predicts that the current account response…
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Keywords:
account;
financial liberalisation;
current account;
monetary policy ... See more keywords
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Published in 2020 at "Journal of Financial Economic Policy"
DOI: 10.1108/jfep-07-2018-0102
Abstract: Purpose - The impact of financial reforms and financial development on an economy has received considerable attention over the recent past. This paper aims to investigate whether financial liberalisation and financial development increase the likelihood…
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Keywords:
financial development;
development;
financial crises;
financial liberalisation ... See more keywords