Testing the Present-Value Model of Current Account Determination: An Application to Taiwan and Korea
碩士 === 南華大學 === 管理經濟學系經濟學碩士班 === 98 === The present value model of the current account states that current account (CA) balances is inversely determined by the discounted value of expected changes in future national cash flows. This article empirically investigates how well the theory fits the dat...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2010
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| Online Access: | http://ndltd.ncl.edu.tw/handle/83177652062956327981 |