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The Sustainability of the US External Imbalances

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  • Nouriel Roubini
  • Brad Setser

Abstract

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Suggested Citation

  • Nouriel Roubini & Brad Setser, 2005. "The Sustainability of the US External Imbalances," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 6(01), pages 08-15, April.
    • Handle: RePEc:ces:ifofor:v:6:y:2005:i:01:p:08-15
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    File URL: https://www.cesifo.org/DocDL/forum1-05-focus-2.pdf
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    References listed on IDEAS

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    1. Matthew Higgins & Thomas Klitgaard, 2004. "Reserve accumulation: implications for global capital flows and financial markets," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 10(Sep).
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    Cited by:

    1. Shibata, Akihisa & Shintani, Mototsugu & Tsuruga, Takayuki, 2019. "Current account dynamics under information rigidity and imperfect capital mobility," Journal of International Money and Finance, Elsevier, vol. 92(C), pages 153-176.
    2. Michele Cavallo & Cédric Tille, 2006. "Could capital gains smooth a current account rebalancing?," Staff Reports 237, Federal Reserve Bank of New York.
    3. D.D. Evans, Martin, 2017. "External balances, trade and financial conditions," Journal of International Economics, Elsevier, vol. 107(C), pages 165-184.
    4. Juann H. Hung & Young Jin Kim, 2006. "Implications of Past Currency Crises for the U.S. Current Account Adjustment: Working Paper 2006-07," Working Papers 17861, Congressional Budget Office.
    5. Hickey, Ronan, 2007. "How Sustainable are Global Imbalances?," Quarterly Bulletin Articles, Central Bank of Ireland, pages 85-119, October.
    6. Oberpriller, Christian M., 2007. "Exchange rates and global imbalances: the importance of asset valuation effects and interest rate changes," Kiel Advanced Studies Working Papers 443, Kiel Institute for the World Economy (IfW Kiel).
    7. Ghazali Syamni & Husaini, 2012. "Interest rates and currencies effects on Islamic and conventional bonds," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 4(2), pages 129-140, April.

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    More about this item

    Keywords

    Leistungsbilanz; Zahlungsbilanzungleichgewicht; Vereinigte Staaten; Current account balance; Balance of payments imbalances; United States;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

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