Islamic Theoretical Intertemporal Model of the Current Account

This paper aims to develop an Islamic intertemporal model of the current account based on the prevailing theoretical and empirical literature of PVMCA (Obstfeld and Rogoff, 1996, Cerrato et al., 2014). The proposed model is based on the budget constraint of the present and future consumption, which...

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Bibliographic Details
Main Authors: Hassan Belkacem Ghassan, Essam Hashim Al-Jeefri
Format: Article
Language:English
Published: Business School, Holy Spirit University of Kaslik (USEK) 2016-06-01
Series:Arab Economic and Business Journal
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214462515300840