IMF Working Papers

Subject: Balance of payments, Consumption, Current account, Financial services, International trade, National accounts, Private savings, Real interest rates, Terms of trade

Keywords: Additional effects terms of trade shock, Adverse terms of trade shock, Australia and New Zealand, Consumption, Consumption-smoothing response, Critical value, Current account, Current account position, Intertemporal elasticity of substitution, Intratemporal elasticity of substitution, Private savings, Real interest rates, Shocks to fluctuation, Terms of trade, Terms of trade result, Terms of trade shock, Terms of trade shocks to fluctuation, Terms-of-trade-induced consumption-tilting, WP