Article ID Journal Published Year Pages File Type
5054898 Economic Modelling 2013 15 Pages PDF
Abstract
► Recursive-dynamic world CGE model with international financial market equilibrium ► Current account balance, capital-financial account balance, both endogenous ► Negative net positions possible in optimum asset-liability portfolio structures ► Portfolio optimizing and trade interact in allocating investment among regions ► Endogenous sign reversals in some current account balances
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Endogenous current account balances in a world CGE model with international financial assets
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