This study surveys the intertemporal optimizing models of trade and current account balance that were developed, calibrated and empirically tested since they came into vogue in the 1980s. The implications of these models often differ from those of static and dynamic conventional non-optimizing...

I formulate a structural gravity model with monopolistic competition to measure the impact of manufacturing trade imbalances on aggregate measured productivity. Like in a Ricardian model la Dekle, Eaton and Kortum (2007), trade de cits lead to a bene cial terms-of-trade improvement, but this...

We investigate the role of trade imbalances and fiscal policies in the rise of protectionism on the period 2009-2019. Bilateral as well as multilateral trade imbalances are robust (with various sets of fixed effects) predictors of protectionist attacks. The role of trade imbalances in the rise...

Sri Lanka has had a trade deficit for over two decades, and it is critical to determine which factors contribute significantly to the current deficit. The majority of the existing studies attempting to explore the determinants of the trade balance has mostly focused on Sri Lanka's overall trade...

Die große wirtschaftliche Abhängigkeit von China ist spätestens nach den militärischen Drohgebärden Pekings gegenüber Taiwan als gravierendes Problem erkannt und soll möglichst bald reduziert werden. Das Gegenteil fand jedoch im ersten Halbjahr 2022 statt. Die deutschen...