Current account: mean-reverting or random walk behavior?

This paper sets out to investigate the statistical properties of current account in the crisis-affected countries of East Asian (Asian-5: Indonesia, Korea, Malaysia, the Philippines and Thailand) utilizing data from 1976Q1 to 2001Q4. We split the full sample period into two sub-periods of the pre-c...

Full description

Bibliographic Details
Main Authors: Lau, Evan, Ahmad Zubaidi, Baharumshah, Chan, Tze Haw
Format: Article
Published: North-Holland 2006
Subjects:
Online Access:http://ir.unimas.my/id/eprint/7147/