Explain statistical discrepancies in the balance of payments


Assignment:

The comments from the professor

When you upload the literature review and present to class please provide more specifics on the issues you plan to assess (for instance, would you focus on explaining statistical discrepancies in the balance of payments of specific countries? which ones? would you look into the global discrepancy?). Also, provide more specifics on how you will structure your analysis and the sources of data you plan to use.

Paper requiment:

Your applied international economics paper should have the following sections:

1. An introduction that presents your issue and why this issue is important. Your introduction should be explicit and be clear about the issue you are addressing/question you are answering.

2. A brief analysis of previous work on the topic and a discussion of how your paper extends this body of knowledge. Note that this section will be a summary of the full literature review and analysis you conducted.

3. At least three charts/tables/diagrams that provide a good visual picture of your data.

4. A description of the theory that applies to your question. This section should include a few mathematical equations that illustrate your theory and/or model.

5. A discussion of the data that you would use in an empirical analysis and an econometric specification, including a description of variables, why they belong in your model and the impact you expect the dependent variables to have on your independent variable.

6. A brief conclusion that summarizes what you learned and possible areas for future research.

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Microeconomics: Explain statistical discrepancies in the balance of payments
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