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Will RMB appreciation reduce trade deficit in the US?

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The dynamics of Indonesia's current account deficit : analysis of the impact of exchange rate volatility

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Stabilization and rebalancing with fiscal or monetary devaluation : a model-based comparison ; current account adjustments

Vogel, Lukas - In: CESifo economic studies : CESifo, a joint initiative of … 63 (2017) 2, pp. 235-253

The article uses a small open economy version of the macroeconomic general-equilibrium model QUEST to compare fiscal and nominal exchange rate (EXR) devaluation with respect to their impact on economic activity and the current account. In particular, the article investigates quantitatively to...

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