Browsing NTNU Open by Author "Larsen, Vegard Høghaug"
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The Present-Value Model of the Current Account: Results from Norway
Larsen, Vegard Høghaug (Master thesis, 2012)In this thesis I present and test an intertemporal model for the current account. The model predicts a nation that prefers a smooth consumption pro le where the current account balance is used as a tool to smooth consumption ...