- Additional Authors
- Koske, Isabell.
- Description
- 24 p.; 21 x 29.7cm.
- Summary
- This paper uses a simple dynamic stochastic general equilibrium model to explore the qualitative impact of productivity shocks on current account positions via their impact on the saving behaviour of households. The analysis shows that the direction of the impact is ambiguous from a theoretical point of view. This impact depends in particular on consumer's willingness to shift consumption over time relative to their willingness to shift consumption between different types of goods, on whether they believe the shock to be temporary or permanent, and on the sector in which the shock occurs.
- Series Statement
- OECD Economics Department Working Papers, 1815-1973 ; no.816
- Uniform Title
- OECD Economics Department Working Papers, no.816.
- Subject
- Economics
- LCCN
- 10.1787/5km398t8tqkf-en
- OCLC
- oecd-lib-004647
- Author
Fournier, Jean-Marc.
- Title
A Simple Model of the Relationship Between Productivity, Saving and the Current Account [electronic resource] / Jean-Marc Fournier and Isabell Koske
- Imprint
Paris : OECD Publishing, 2010.
- Series
OECD Economics Department Working Papers, 1815-1973 ; no.816
OECD Economics Department Working Papers, 1815-1973 ; no.816.
- Connect to:
- Indexed Term
Economics
- Added Author
Koske, Isabell.
- Other Standard Identifier
10.1787/5km398t8tqkf-en doi