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Book synopsis

This book specifies a system of the current account by introducing net foreign assets, and extends the consumption smoothing framework to a small open economy. Our starting point is that net foreign assets might play a significant role in the system and may influence domestic consumption decisions. Our objective is thus to understand the co-movements of consumption, net foreign assets, and domestic income.

Book details

Book category Books in English Economics, finance, business & management Economics

• Full title: Net Foreign Assets and Consumption in Canada
• Author: Umit Mansiz
• Language: English
• Binding: Paperback
• Number of pages: 72
• EAN: 9783639201772
• ISBN: 3639201779
• ID: 06828184
• Publisher: VDM Verlag
• Weight: 118 g
• Dimensions: 229 × 152 × 4 mm
• Date of publishing: 01. October 2009

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