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Fiscal devaluation in a monetary union : conference paper
Engler, Philipp; Ganelli, Giovanni; Tervala, Juha; … - 2014
on output, but a mild effect on the trade balance of these countries. In addition, the negative effect on Central …
Persistent link: https://www.econbiz.de/10010487256
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Fiscal devaluation in a Monetary Union
Engler, Philipp; Ganelli, Giovanni; Tervala, Juha; … - 2013
on output, but a mild effect on the trade balance of these countries. In addition, the negative effect on "Central …
Persistent link: https://www.econbiz.de/10010221275
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Demographic change and the German current account surplus
Schön, Matthias - 2020
This paper shows that demographic change plays an important role in the formation of a country's net foreign asset position. An ageing population both lowers the demand and increases the supply of capital in an economy. Fewer workers reduce the required capital stock. As a longer life span leads...
Persistent link: https://www.econbiz.de/10012406006
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Market response to Australian current account announcements
Singh, Ranjit A. - 1992
Persistent link: https://www.econbiz.de/10000871106
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Current-account effects of a temporary change in government expenditure
Djajić, Slobodan - 1986 - Rev.
Persistent link: https://www.econbiz.de/10003526413
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Temporary import quota and the current account
Djajić, Slobodan - 1985 - Rev.
Persistent link: https://www.econbiz.de/10003532194
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House price booms and the current account
Adam, Klaus; Kuang, Pei; Marcet, Albert - 2011
Persistent link: https://www.econbiz.de/10009242977
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Asymmetric credit growth and current account imbalances in the euro area
Unger, Robert - 2015
The euro area crisis is often linked to the emergence of current account imbalances. As most of the deficit countries experienced pronounced credit booms at the same time that these imbalances were building up, this paper investigates the link between domestic credit developments and the current...
Persistent link: https://www.econbiz.de/10011373649
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The expectations-driven US current account
Hoffmann, Mathias; Krause, Michael; Laubach, Thomas - 2013
Since 1991, survey expectations of long-run output growth for the U.S. relative to the rest of the world exhibit a pattern strikingly similar to that of the U.S. current account, and thus also to global imbalances. We show that this finding can to a large extent be rationalized in a two-region...
Persistent link: https://www.econbiz.de/10009732995
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Collateral imbalances in intra-European trade? : accounting for the differences between gross and value added trade balances
Nagengast, Arne J.; Stehrer, Robert - 2014
trade imbalances in gross terms can differ substantially from those measured in value added terms. However, the factors … novel decomposition of bilateral gross trade balances that accounts for the differences between gross and value added … concepts. The bilateral analysis contributes conceptually to the literature on double counting in trade by identifying the …
Persistent link: https://www.econbiz.de/10010384148