Hurricanes: Intertemporal Trade and Capital Shocks.
Hurricanes in the Caribbean and Central America represent a natural experiment to test the intertemporal approach to current account determination. The intertemporal approach allows for the possibility of intertemporal trade, via international borrowing. Previous tests of intertemporal current accou...
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Format: | Working paper |
Language: | English |
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Department of Economics (University of Oxford)
2005
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