What drives the current account in commodity exporting countries?: the cases of Chile and New Zealand

As capital markets have become increasingly integrated, savings and investment within countries have tended to become less correlated, in what is known as the Feldstein-Horioka (1980) correlation, with the corollary that savings-investment gaps (that is, current accounts) have tended to become more...

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Autores principales: Medina, Juan Pablo, Munro, Anella, Soto, Claudio
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3740
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