The intertemporal budget constraint and current account sustainability in Cyprus: Evidence and policy implications

Pattichis, Charalambos

[journal article]

dc.contributor.author	Pattichis, Charalambos	de
dc.date.accessioned	2011-04-01T04:43:00Z	de
dc.date.accessioned	2012-08-30T04:45:43Z
dc.date.available	2012-08-30T04:45:43Z
dc.date.issued	2010	de
dc.identifier.issn	1466-4283
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/24211
dc.description.abstract	Using the recently developed ‘bounds’ testing approach, this paper provides evidence that Cyprus is not in violation of its intertemporal budget constraint and its current account balance is ‘strongly’ sustainable in the long-run. A policy implication of these findings is that the loss of exchange rate policy following the adoption of the Euro in 2008 may not be a serious cost for Cyprus. On a methodological level, the results presented in this paper support theoretical models that employ an intertemporal approach to modeling the current account. Keywords: Intertemporal budget constraint; current account sustainability; Cyprus. JEL: F320, F410	en
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.title	The intertemporal budget constraint and current account sustainability in Cyprus: Evidence and policy implications	en
dc.description.review	begutachtet (peer reviewed)	de
dc.description.review	peer reviewed	en
dc.source.journal	Applied Economics	de
dc.source.volume	42	de
dc.source.issue	4	de
dc.subject.classoz	National Economy	en
dc.subject.classoz	Economic Policy	en
dc.subject.classoz	Wirtschaftspolitik	de
dc.subject.classoz	Volkswirtschaftstheorie	de
dc.identifier.urn	urn:nbn:de:0168-ssoar-242114	de
dc.date.modified	2011-04-01T04:43:00Z	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	en
ssoar.contributor.institution	http://www.peerproject.eu/	de
internal.status	-1	de
dc.type.stock	article	de
dc.type.document	journal article	en
dc.type.document	Zeitschriftenartikel	de
dc.source.pageinfo	463-473
internal.identifier.classoz	1090301
internal.identifier.classoz	1090302
internal.identifier.journal	21	de
internal.identifier.document	32
internal.identifier.ddc	330
dc.identifier.doi	https://doi.org/10.1080/00036840802599875	de
dc.description.pubstatus	Postprint	en
dc.description.pubstatus	Postprint	de
internal.identifier.licence	7
internal.identifier.pubstatus	2
internal.identifier.review	1
internal.check.abstractlanguageharmonizer	CERTAIN
internal.check.languageharmonizer	CERTAIN_RETAINED

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Volkswirtschaftstheorie
Economic Theory
Wirtschaftspolitik
Economic Policy

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