New Perspective On The ‘Net Errors And Omissions’ In Balance Of Payment Accounts: An Empirical Study In Australia

tang , tuck cheong (2017) New Perspective On The ‘Net Errors And Omissions’ In Balance Of Payment Accounts: An Empirical Study In Australia. Asian Academy of Management Journal of Accounting and Finance, 13 (2). pp. 1-18. ISSN 1823-4992

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Abstract

This study explores the macroeconomic determinants of the ‘net errors and omissions’ behaviour in balance of payment accounts. Two empirical equations are being estimated as suggested by the balance of payments constraint, and income-expenditure approach, respectively. This study fnds that GDP, interest rate, and exchange rate are the important factors explaining the Australian ‘net errors and omissions’. Causality tests have recognized the possible transmission channels. This study can be considered a new perspective in this topic and reference for further research.

Item Type:	Article
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management
Divisions:	Penerbit Universiti Sains Malaysia (USM Press) > Asian Academy of Management Journal of Accounting and Finance
Depositing User:	Mr Firdaus Mohamad
Date Deposited:	20 Apr 2018 08:50
Last Modified:	20 Apr 2018 08:50
URI:	http://eprints.usm.my/id/eprint/40152

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