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Is the US Current Account Deficit Sustainable?

Cooper, Richard N. - In: CESifo Forum 6 (2005) 1, pp. 03-07

Persistent link: https://www.econbiz.de/10005013194

Twin deficits: new evidence from a developing (oil vs. non-oil) countries’ perspective

Eldemerdash, Hany; Metcalf, Hugh; Maioli, Sara - In: Empirical Economics 47 (2014) 3, pp. 825-851

Granger-causality test of these fixed exchange-based countries supports the conventional theory of positive relationship …

Persistent link: https://www.econbiz.de/10010994453

External Balance Adjustment: An Intra-National and International Comparison

Smith, Constance - Department of Economics, University of Alberta - 2011

Large external imbalances have become a policy concern. This study investigates the determinants of external balances for regions within a single country — Canadian provinces — as well as for a sample of 18 OECD countries. External balance adjustment may differ for provinces since there are...

Persistent link: https://www.econbiz.de/10009318571

Does Financial and Goods Market Integration Matter for the External Balance? A Comparison of OECD Countries and Canadian Provinces

Smith, Constance - Department of Economics, University of Alberta - 2010

Large current account deficits have become a policy concern. The trend toward international capital market liberalization has improved access to foreign pools of saving which has allowed the expansion of current account deficits. There are minimal barriers to capital flows within a country, so...

Persistent link: https://www.econbiz.de/10008472645

A Tradeoff between the Output and Current Account Effects of Pension Reform

Catalan, Mario; Magud, Nicolas E. - International Monetary Fund (IMF) - 2012

We compare the long-term output and current account effects of pension reforms that increase the retirement age with those of reforms that cut pension benefits, conditional on reforms achieving similar fiscal targets. We show the presence of a policy trade-off. Pension reforms that increase the...

Persistent link: https://www.econbiz.de/10010790246

MODELLING THE WORLD EXCHANGE RATES:DYNAMICS, VOLATILITY AND FORECASTING

Nwaobi, Godwin - Volkswirtschaftliche Fakultät, … - 2008

Indeed, the specification of equilibrium in the world economy depends on the exchange rate regime and thus, the early … foreign exchange markets. However, the world has known several exchange rate systems beginning with the fixed-gold standard … exchange was deregulated, independent traders finally had access to the biggest trading market of the world; and these forex …

Persistent link: https://www.econbiz.de/10005619306