Non-Interest Current Account Sustainability In Croatia
The subject of this paper is non-interest current account sustainability in Croatia in the period between 2001 and 2010. Using MFR and Reisen approach short-term and long-term sustainability of non-interest current account is assessed by comparing the hypothetical sustainable levels with actual va...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics and Business in Osijek
2011-12-01
|
| Series: | Ekonomski Vjesnik |
| Subjects: | |
| Online Access: | http://hrcak.srce.hr/file/112977 |
| Summary: | The subject of this paper is non-interest current account sustainability in Croatia in the period between
2001 and 2010. Using MFR and Reisen approach short-term and long-term sustainability of non-interest
current account is assessed by comparing the hypothetical sustainable levels with actual values. Research
results indicates marginal short-term non-interest current account sustainability. Long-term non-interest
current account was also sustainable in the observed period. On the other hand, significant intermediate
levels of non-interest current account deviations suggests that the non-interest current account in Croatia
is not sustainable in the period between 2001 and 2010. |
|---|---|
| ISSN: | 0353-359X 1847-2206 |