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Applied Economics Letters Volume 24, 2017 - Issue 13
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Original Articles

Current account balance cyclicality

António AfonsoDepartment of Economics, UECE – Research Unit on Complexity and Economics, ISEG/UL – University of Lisbon, Lisbon, PortugalView further author information
&
Jorge SilvaISEG/UL – University of Lisbon, Lisbon, Portugal;Portuguese Parliament, Parliamentary Technical Budget Support Unit, Lisbon, PortugalCorrespondence[email protected]
View further author information
Pages 911-917 | Published online: 11 Oct 2016

References

  • Blanchard, O. 2007. “Adjustment within the Euro. The Difficult Case of Portugal.” Portuguese Economic Journal 6 (1): 1–21. doi:10.1007/s10258-006-0015-4.
  • Chen, R., G. Milesi-Ferretti, and T. Tressel. 2013. “External Imbalances in the Eurozone.” Economic Policy 28 (73): 101–142. doi:10.1111/ecop.2013.28.issue-73.
  • European Central Bank. 2014. Financial Integration in Europe 20–21. Frankfurt am Main: European Central Bank.
  • European Commission. 2014. “The Cyclical Component of Current-Account Balances.” European Economic Forecast, Winter, 35–38.
  • Hobza, A., and S. Zeugner. 2014. “The ‘Imbalanced Balance’ and Its Unravelling: Current Accounts and Bilateral Financial Flows in the Euro Area.” European Commission: Economic Papers 520.
  • Kollmann, R., M. Ratto, W. Roeger, J. i. Veld, and L. Vogel. 2015. “What Drives the German Current Account? and How Does It Affect Other EU Member States?” Economic Policy 30 (81): 47–93. doi:10.1093/epolic/eiu004.
  • Lane, P. R., and G. M. Milesi-Ferretti. 2012. “External Adjustment and the Global Crisis.” Journal of International Economics 88: 252–265. doi:10.1016/j.jinteco.2011.12.013.
  • Salto, M., and A. Turrini. 2010. “Comparing Alternative Methodologies for Real Exchange Rate Assessment.” DG ECFIN, European Commission 427.

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