NET FOREIGN ASSETS AND CONSUMPTION IN CANADA - MANSIZ, UMIT
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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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Produktbeschreibung
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.
Autorenporträt
Umit Mansiz has MBA in Finance and MA in Economics. He worked for United Nations Development Programme as a Consultant and worked as a Manager at Canadian Imperial Bank of Commerce. He is currently employed at Royal Bank of Canada. Umit lives in Toronto, ON. He specialized in Monitoring and Evaluation Systems, and Client Insights.