Turkey has moved rapidly from a current account that was relatively in balance up to the turn of the millennia, to sustaining relatively large current account deficits over the past 15 years. Using annual data from 1986 to 2017 and a jackknife model-averaging estimator, the paper estimates the relationship between the current account balance and a set of determinants that are broadly consistent with the cross-country literature. These determinants...
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INFORMATION
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2019/08/15
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Document de travail de recherche sur les politiques
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WPS8982
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1
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1
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2019/08/15
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Disclosed
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Turkey : An Empirical Assessment of the Determinants of the Current Account Balance
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current account balance
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