The present-value model of the current account has been rejected: Round up the usual suspects
Data up to Jan 2025
Total Citations Per Year
Abstract
References (56)
Density Estimation for Statistics and Data Analysis
2018 • 15,477 citations
Agency Costs, Net Worth, and Business Fluctuations.
1989 • 4,683 citations
Foundations of International Macroeconomics
1997 • 3,316 citations
Uninsured Idiosyncratic Risk and Aggregate Saving
1994 • 2,672 citations
Cointegration and Tests of Present Value Models
1987 • 2,166 citations
Closing small open economy models
2002 • 2,116 citations
Recursive Macroeconomic Theory
2000 • 1,834 citations
Density Estimation for Statistics and Data Analysis
1987 • 1,775 citations
International Real Business Cycles
1992 • 1,735 citations
Real Business Cycles in a Small Open Economy
1991 • 1,164 citations
NBER Macroeconomics Annual 1999
2000 • 1,151 citations
Using simulation methods for bayesian econometric models: inference, development,and communication
1999 • 909 citations
The Economics of Information and Uncertainty
1982 • 874 citations
Balance Sheets and Exchange Rate Policy
2004 • 744 citations
Explaining saving-investment correlations
1993 • 690 citations
Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis
1987 • 506 citations
Commodity trade and international risk sharing
1991 • 459 citations
Business cycles in a small open economy
1995 • 431 citations
Preventing Currency Crises in Emerging Markets
2002 • 383 citations
Global versus country-specific productivity shocks and the current account
1995 • 318 citations
International Capital Mobility Amongst the Major Industrialised Countries: Too Little or Too Much?
1995 • 290 citations
Asset Prices in a Production Economy
1982 • 281 citations
Government budget deficits and trade deficits Are present value constraints satisfied in long-term data?
1995 • 274 citations
Present value tests of an intertemporal model of the current account
1990 • 258 citations
Interest Rates, Exchange Rates and Present Value Models of the Current Account
2000 • 203 citations
Testing a present-value model of the current account: Evidence from US and Canadian time series
1992 • 187 citations
Putting the ‘New Open Economy Macroeconomics’ to a test
2003 • 182 citations
Temporary and permanent government spending in an open economy: Some evidence for the United Kingdom
1986 • 163 citations
The international transmission of economic fluctuations:
1998 • 143 citations
Credit, Prices, and Crashes: Business Cycles with a Sudden Stop
2002 • 138 citations
Optimal Intertemporal Consumption under Uncertainty
2000 • 137 citations
International Macroeconomics and Finance: Theory and Econometric Methods
2001 • 113 citations
Can world real interest rates explain business cycles in a small open economy?
2001 • 108 citations
A Bayesian Approach to Calibration
1996 • 103 citations
A present value test of habits and the current account
2004 • 103 citations
Computational Experiments and Reality
1999 • 91 citations
Macroeconomic uncertainty, precautionary saving, and the current account
1997 • 80 citations
Sensitivity Analysis and Model Evaluation in Simulated Dynamic General Equilibrium Economies
1995 • 75 citations
The international transmission of economic fluctuations: effects of U. S. business cycles on the Canadian economy
1995 • 69 citations
The terms of trade, productivity growth and the current account
2000 • 58 citations
Capital Controls and the Gains from Trade in a Business Cycle Model of a Small Open Economy
1991 • 55 citations
External shocks and debt accumulation in a small open economy
2003 • 46 citations
Investment and the Current Account in the Short Run and the Long Run
2002 • 45 citations
Appendix to "Balance Sheets and Exchange Rate Policy"
2000 • 40 citations
A Bayesian Approach to Calibration
1996 • 36 citations
The Terms of Trade, Labour Supply and the Current Account
1986 • 33 citations
An eigenvalue method of undetermined coefficients for solving linear rational expectations models
1998 • 31 citations
The real interest rate and aggregate supply
1986 • 30 citations
Sources of Debt Accumulation in a Small Open Economy
1997 • 25 citations
Business cycles and growth
1992 • 18 citations
Canada-U.S. long-term interest differentials in the 1990s
1998 • 13 citations
Swedish Postwar Business Cycles: Generated Abroad or at Home?
2004 • 11 citations
Uncovering Inflation Expectations and Risk Premiums from Internationally Integrated Financial Markets
1999 • 10 citations
The Impact of Financial Frictions on a Small Open Economy: When Current Account Borrowing Hits a Limit
2002 • 8 citations
Uncovering Inflation Expectations and Risk Premiums From Internationally Integrated Financial Markets
1999 • 4 citations
Have Swedish postwar business cycles been generated abroad or at home
1998 • 2 citations