Analysis of structural and cyclical imbalance in the Finnish current account
Hämäläinen, Timo (27.05.1976)
Numero
5/1976Julkaisija
Bank of Finland
1976
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-202107291361Tiivistelmä
The purpose of cyclical adjustment of the current account is to estimate the underlying position of the account. The concept of the underlying position of the balance of payments, namely adjustment of current and capital account for temporary influences, is important for the assessment of medium-term adjustment and balance of payment policy.