Showing 61 - 70 of 159,402
In this paper, I find (1) that Japan showed massive and persistent current account surpluses from at least 1981 and until at least 2011, (2) that Professor Ronald McKinnon was correct, at least in the case of Japan, and that these large and persistent current account surpluses were due primarily...
Persistent link: https://www.econbiz.de/10011311745
Persistent link: https://www.econbiz.de/10010526880
Persistent link: https://www.econbiz.de/10009765436
Persistent link: https://www.econbiz.de/10009727409
Persistent link: https://www.econbiz.de/10009727424
This paper contributes to the discussion on the European current account imbalances by analysing the intra-European trends since 1990 based on the theory of optimum currency areas. The authors show that German unification was the origin of not only the 1992-93 EMS crisis but also rising...
Persistent link: https://www.econbiz.de/10009760197
Persistent link: https://www.econbiz.de/10010359653
Persistent link: https://www.econbiz.de/10010360990
Persistent link: https://www.econbiz.de/10010363248
Persistent link: https://www.econbiz.de/10010226481