PT Unknown
AU Aßmann, C
TI An empirical analysis of current account data
PY 2009
PU Christian-Albrechts-Universität zu Kiel
WP https://macau.uni-kiel.de/receive/diss_mods_00003452
LA en
DE Current Account Reversal; Currency Crisis; Latent Heterogeneity; Panel Data; Treatment Model; Probit Model; Regime Switching Model
AB This thesis analyzes certain aspects of the current account balance and its relationship to economic growth. Employing recently developed statistical and econometric techniques for estimation of non linear models, crises phenomena connected to the balance of payments are focused. The analysis of crises phenomena has been subject to tremendous research efforts over the last decades. However, this thesis addresses several empirical and methodological issues, which have received less attention, namely the incorporation of latent heterogeneity and serial dependence structures in empirical models employed for explaining and assessing crises and their influence on economic growth.
PI Kiel
ER