Malaysia’s current account deficits : an intertemporal optimization perspective.
The study examines the account imbalances in Malaysia during the past four decades. Using Sachs’s (National Bureau of Economic Research,Working Paper No. 859, 1982) intertemporal model, we address the issue of external solvency by measuring the deviation of actual from the optimal path of the curren...
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Main Authors: | , |
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Format: | Article |
Language: | English English |
Published: |
Springer Verlag
2008
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Online Access: | http://psasir.upm.edu.my/id/eprint/15524/1/Malaysia.pdf http://psasir.upm.edu.my/id/eprint/15524/ |
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Institution: | Universiti Putra Malaysia |
Language: | English English |