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On the Sustainability of Current Account Deficits: Evidence from Four ASEAN Countries
(National University of Ireland, Galway, 2002)
This paper examines the sustainability of the current account imbalance for four ASEAN countries (Indonesia, Malaysia, the Philippines and Thailand) over the 1961-1999 period. To this end, we utilize the intertemporal ...
Are Economic Growth and the Variability of the Business Cycle Related? Evidence from Five European Countries
(National University of Ireland, Galway, 2002)
We use a long series of annual data that span over 100 years to examine the relationship between output growth and output growth uncertainty in five European countries. Using the GARCH methodology to proxy output growth ...