NET 🥅 FOREIGN ASSETS AND ➕ CONSUMPTION IN CANADA ​🇨🇦​

NET 🥅 FOREIGN ASSETS AND ➕ CONSUMPTION IN CANADA ​🇨🇦​

👓 UMIT MANSIZ
NET 🥅 FOREIGN ASSETS AND ➕ CONSUMPTION IN CANADA ​🇨🇦​

NET 🥅 FOREIGN ASSETS AND ➕ CONSUMPTION IN CANADA ​🇨🇦​

✅ This book 📚️ specifies a system of the current account by introducing net 🥅 foreign assets, and ➕ extends the consumption smoothing framework to a small 📐🦐 open 😃 economy. Our 👥⬅️ starting point 👈️ is that net 🥅 foreign assets might play ▶️ a significant role in the system and ➕ may influence domestic consumption decisions. Our 👥⬅️ objective is thus to understand the co-movements of consumption, net 🥅 foreign assets, and ➕ domestic income 📨.



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