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Financial Versus Monetary Mercantilism-Long-run View of Large International Reserves Hoarding

Aizenman, Joshua - 2006

modern version of monetary mercantilism -- hoarding international reserves in order to improve competitiveness. From a long …-run perspective, manufacturing exporters in East Asia adopted financial mercantilism -- subsidizing the cost of capital -- during … disentangle the monetary mercantilism from precautionary response to the heritage of past financial mercantilism. Monetary …

Persistent link: https://www.econbiz.de/10012465942

Chinese Outwards Mercantilism – the Art and Practice of Bundling

Aizenman, Joshua - 2015

Chinese outward-mercantilism, which aims at securing a higher rate of returns on its net foreign asset position, leveraging …

Persistent link: https://www.econbiz.de/10012457577

Balance-of-payments adjustment policies: Japan, Germany, and the Netherlands

Michaely, Michael - 1968

Persistent link: https://www.econbiz.de/10000615420

Saving: its determinants and macroeconomic implications : special conference issue

Ishikawa, Tsuneo (contributor) - In: Journal of the Japanese and international economies : … 2 (1988) 3, pp. 205-384

Persistent link: https://www.econbiz.de/10001269956

Saving: its determinants and macroeconomic implications : special conference issue

Ishikawa, Tsuneo (contributor) - In: Journal of the Japanese and international economies : … 2 (1988) 4, pp. 385-491

Persistent link: https://www.econbiz.de/10001269960

The Business Cycles of Balance-of-Payment Crises : A Revision of Mundellan Framework

Mendoza, Enrique G. - 1999

In his seminal 1960 article Robert Mundell proposed a model of balance-of-payments crises in which confidence in the continuation of a currency peg depended on the observed holdings of central bank foreign reserves. We examine the implications of a reformulation of this view from the perspective...

Persistent link: https://www.econbiz.de/10012471756

The Balance of Payments and Borrowing Constraints : An Alternative View of the Mexican Crisis

Atkeson, Andrew - 1995

In standard models of the balance of payments, crises occur when investors begin to doubt the credibility of the government's commitment to its exchange rate policy. In this paper, we develop an alternative model in which balance of payments crises occur even if the credibility of government...

Persistent link: https://www.econbiz.de/10012473541

U.S. Foreign Trade and the Balance of Payments, 1800-1913

Lipsey, Robert E. - 1994

This paper reviews the main developments in U.S. trade and the balance of payments from the first years of the 19th century to the first decade of the 20th. American export trade was dominated by agricultural and other resource products long after the majority of the labor force had shifted out...

Persistent link: https://www.econbiz.de/10012474218

Speculative Attacks and Models of Balance-of-Payments Crises

Agenor, Pierre-Richard - 1991

This paper reviews recent developments in the theoretical and empirical analysis of balance-of-payments crises. A simple analytical model highlighting the process leading to such crises is first developed. The basic framework is then extended to deal with a variety of issues, such as:...

Persistent link: https://www.econbiz.de/10012475069

Predicting Exchange Rate Crises : Mexico Revisited

Goldberg, Linda S. - 1990

This paper predicts ex-ante the probability of currency crises end size of expected devaluations month by month for Mexico between 1980 and 1986 using a heterodox linear discrete time model of exchange rate crises. The forces contributing to speculative attacks on the Mexican peso include...

Persistent link: https://www.econbiz.de/10012475715