America’s Deficit, the World’s Problem
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Obstfeld, Maurice, 2005. "America’s Deficit, the World’s Problem," Department of Economics, Working Paper Series qt7j3436bf, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
References listed on IDEAS
- Paul R. Krugman, 1985.
"Is the strong dollar sustainable?,"
Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 103-155.
- Paul R. Krugman, 1985. "Is the Strong Dollar Sustainable?," NBER Working Papers 1644, National Bureau of Economic Research, Inc.
- Morris, Stephen & Shin, Hyun Song, 1998.
"Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks,"
American Economic Review, American Economic Association, vol. 88(3), pages 587-597, June.
- Morris, S & Song Shin, H, 1996. "Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks," Economics Papers 126, Economics Group, Nuffield College, University of Oxford.
- Morris, Stephen & Shin, Hyun Song, 1997. "Unique Equilibrium in a Model of Self-fulfilling Currency Attacks," CEPR Discussion Papers 1687, C.E.P.R. Discussion Papers.
- repec:cto:journl:v:24:y:2004:i:1-2:p:1-11 is not listed on IDEAS
- Obstfeld,Maurice & Taylor,Alan M., 2005.
"Global Capital Markets,"
Cambridge Books,
Cambridge University Press, number 9780521671798, November.
- Obstfeld,Maurice & Taylor,Alan M., 2004. "Global Capital Markets," Cambridge Books, Cambridge University Press, number 9780521633178, November.
- Dooley, Michael P, 2000.
"A Model of Crises in Emerging Markets,"
Economic Journal, Royal Economic Society, vol. 110(460), pages 256-272, January.
- Michael P. Dooley, 1997. "A Model of Crises in Emerging Markets," NBER Working Papers 6300, National Bureau of Economic Research, Inc.
- Michael P. Dooley, 1998. "A model of crises in emerging markets," International Finance Discussion Papers 630, Board of Governors of the Federal Reserve System (U.S.).
- Michael P. Dooley & David Folkerts-Landau & Peter M. Garber, 2005.
"An essay on the revived Bretton Woods system,"
Proceedings, Federal Reserve Bank of San Francisco, issue Feb.
- Michael P. Dooley & David Folkerts-Landau & Peter Garber, 2003. "An Essay on the Revived Bretton Woods System," NBER Working Papers 9971, National Bureau of Economic Research, Inc.
- Alan Greenspan, 2004. "The Evolving U.S. Payments Imbalance and Its Impact on Europe and the Rest of the World," Cato Journal, Cato Journal, Cato Institute, vol. 24(1-2), pages 1-11, Spring/Su.
- Michael F. Bryan & Bruce A. Champ & Jennifer K. Ransom, 2000. "Who is that guy on the $10 bill?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jun.
- Maurice Obstfeld & Kenneth S. Rogoff, 2005.
"Global Current Account Imbalances and Exchange Rate Adjustments,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 36(1), pages 67-146.
- Kenneth Rogoff & William Brainard & George Perry, "undated". "Global Current Account Imbalances and Exchange Rate Adjustments," Working Paper 33687, Harvard University OpenScholar.
- Lane, Philip & Milesi-Ferretti, Gian Maria, "undated". "External Wealth of Nations," Instructional Stata datasets for econometrics extwealth, Boston College Department of Economics.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- William Milberg, 2007. "Is the Sky Falling?:," Challenge, Taylor & Francis Journals, vol. 50(6), pages 91-108.
- Jan Priewe, 2010. "What Went Wrong? Alternative interpretations of the global financial crisis," Competence Centre on Money, Trade, Finance and Development 1002, Hochschule fuer Technik und Wirtschaft, Berlin.
- Riccardo Fiorentini & Guido Montani, 2012. "The New Global Political Economy," Books, Edward Elgar Publishing, number 14443.
- De Grauwe, Paul & Rovira Kaltwasser, Pablo, 2012. "Animal spirits in the foreign exchange market," Journal of Economic Dynamics and Control, Elsevier, vol. 36(8), pages 1176-1192.
- Cavalli, Fausto & Naimzada, Ahmad & Pecora, Nicolò & Pireddu, Marina, 2018. "Market sentiment and heterogeneous fundamentalists in an evolutive financial market mode," MPRA Paper 90289, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Maurice Obstfeld & Kenneth Rogoff, 2007.
"The Unsustainable US Current Account Position Revisited,"
NBER Chapters, in: G7 Current Account Imbalances: Sustainability and Adjustment, pages 339-376,
National Bureau of Economic Research, Inc.
- Maurice Obstfeld & Kenneth S. Rogoff, 2005. "The unsustainable U.S. current account position revisited," Proceedings, Federal Reserve Bank of San Francisco, issue Feb.
- Maurice Obstfeld & Kenneth S. Rogoff, 2005. "The unsustainable U.S. current account position revisited," Proceedings, Federal Reserve Bank of San Francisco.
- Maurice Obstfeld & Kenneth Rogoff & Richard Clarida, "undated". "The Unsustainable U S Current Account Position Revisited," Working Paper 14901, Harvard University OpenScholar.
- Obstfeld, Maurice & Rogoff, Kenneth S, 2005. "The Unsustainable US Current Account Position Revisited," Department of Economics, Working Paper Series qt4f63x50j, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Maurice Obstfeld & Kenneth Rogoff, 2004. "The Unsustainable US Current Account Position Revisited," NBER Working Papers 10869, National Bureau of Economic Research, Inc.
- Rogoff, Kenneth & Obstfeld, Maurice, 2005. "The Unsustainable US Current Account Position Revisited," CEPR Discussion Papers 5416, C.E.P.R. Discussion Papers.
- Obstfeld, Maurice & Rogoff, Kenneth S, 2005. "The Unsustainable US Current Account Position Revisited," Center for International and Development Economics Research, Working Paper Series qt4f63x50j, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Herrmann, Sabine & Winkler, Adalbert, 2009.
"Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia,"
The North American Journal of Economics and Finance, Elsevier, vol. 20(2), pages 100-123, August.
- Winkler, Adalbert & Herrmann, Sabine, 2008. "Real convergence, financial markets and the current account - emerging Europe versus emerging Asia," Occasional Paper Series 88, European Central Bank.
- Sabine Herrmann & Adalbert Winkler, 2009. "Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia," European Economy - Economic Papers 2008 - 2015 362, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Yongsung Chang & Sun-Bin Kim & Jaewoo Lee, 2013.
"Accounting for Global Dispersion of Current Accounts,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 477-496, July.
- Mr. Jaewoo Lee & Yongsung Chang & Sun-Bin Kim, 2009. "Accounting for Global Dispersion of Current Accounts," IMF Working Papers 2009/276, International Monetary Fund.
- Yongsung Chang & Sun-Bin Kim & Jaewoo Lee, 2009. "Accounting for Global Dispersion of Current Accounts," RCER Working Papers 548, University of Rochester - Center for Economic Research (RCER).
- Yongsung Chang & Sun-Bin Kim & Jaewoo Lee, 2012. "Accounting for Global Dispersion of Current Accounts," Working papers 2012rwp-44, Yonsei University, Yonsei Economics Research Institute.
- Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2014.
"Sovereigns, Upstream Capital Flows, And Global Imbalances,"
Journal of the European Economic Association, European Economic Association, vol. 12(5), pages 1240-1284, October.
- Kalemli-Özcan, Sebnem & Volosovych, Vadym & Alfaro, Laura, 2011. "Sovereigns, Upstream Capital Flows, and Global Imbalances," CEPR Discussion Papers 8648, C.E.P.R. Discussion Papers.
- Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2011. "Sovereigns, Upstream Capital Flows, and Global Imbalances," NBER Working Papers 17396, National Bureau of Economic Research, Inc.
- Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2011. "Sovereigns, Upstream Capital Flows and Global Imbalances," Tinbergen Institute Discussion Papers 11-126/2, Tinbergen Institute.
- Gourinchas, Pierre-Olivier & Rey, Hélène, 2014.
"External Adjustment, Global Imbalances, Valuation Effects,"
Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 585-645,
Elsevier.
- Gourinchas, Pierre-Olivier & Rey, Helene, 2014. "External Adjustment, Global Imbalances, Valuation Effects," Department of Economics, Working Paper Series qt2k77x6tn, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Philip R. Lane & Sergio L. Schmukler, 2006.
"The international financial integration of China and India,"
Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
- Lane, Philip & Schmukler, Sergio, 2006. "The International Financial Integration of China and India," CEPR Discussion Papers 5852, C.E.P.R. Discussion Papers.
- Lane, Philip R. & Schmukler, Sergio L., 2007. "The international financial integration of China and India," Policy Research Working Paper Series 4132, The World Bank.
- Philip R. Lane & Sergio L. Schmukler, 2006. "The International Financial Integration of China and India," The Institute for International Integration Studies Discussion Paper Series iiisdp174, IIIS.
- Maurice Obstfeld, 2006.
"Implications for the Yen of Japanese Current Account Adjustment,"
Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 24(S1), pages 27-38, December.
- Obstfeld, Maurice, 2006. "Implications for the Yen of Japanese Current Account Adjustment," Center for International and Development Economics Research, Working Paper Series qt5nw3n8gk, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Elias Papaioannou & Richard Portes, 2008. "The international role of the euro: a status report," European Economy - Economic Papers 2008 - 2015 317, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Edwards, Sebastian, 2006.
"The U.S. current account deficit: Gradual correction or abrupt adjustment?,"
Journal of Policy Modeling, Elsevier, vol. 28(6), pages 629-643, September.
- Sebastian Edwards, 2006. "The U.S. Current Account Deficit: Gradual Correction or Abrupt Adjustment?," NBER Working Papers 12154, National Bureau of Economic Research, Inc.
- Lars Calmfors & Giancarlo Corsetti & Seppo Honkapohja & John Kay & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2006. "Chapter 2: Global Imbalances," EEAG Report on the European Economy, CESifo, vol. 0, pages 50-67, March.
- Ho-don Yan & Cheng-lang Yang, 2012. "Does an Undervalued Currency Merit Economic Growth? – Evidence from Taiwan," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 59(1), pages 37-57, March.
- Jean-Baptiste Gossé, 2009.
"The Real and Financial Implications of the Global Saving Glut: A Three-Country Model,"
Working Papers
hal-00380417, HAL.
- Jean-Baptiste Gossé, 2009. "The Real and Financial Implications of the Global Saving Glut: A Three-Country Model," CEPN Working Papers hal-00380417, HAL.
- Agnès Bénassy‐Quéré & Lionel Fontagné & Horst Raff, 2011.
"Exchange‐rate Misalignments in Duopoly: The Case of Airbus and Boeing,"
The World Economy, Wiley Blackwell, vol. 34(4), pages 623-641, April.
- Bénassy-Quéré, Agnès & Fontagné, Lionel & Raff, Horst, 2009. "Exchange-rate misalignments in duopoly: the case of Airbus and Boeing," Kiel Working Papers 1488, Kiel Institute for the World Economy (IfW Kiel).
- Agnès Bénassy-Quéré & Lionel Fontagné & Horst Raff, 2011. "Exchange-rate Misalignments in Duopoly: The Case of Airbus and Boeing," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00603386, HAL.
- Agnès Bénassy-Quéré & Lionel Fontagné & Horst Raff, 2011. "Exchange-rate Misalignments in Duopoly: The Case of Airbus and Boeing," PSE-Ecole d'économie de Paris (Postprint) hal-00603386, HAL.
- Agnès Bénassy-Quéré & Lionel Fontagné & Horst Raff, 2009. "Exchange-Rate Misalignments in Duopoly: the Case of Airbus and Boeing," Working Papers 2009-10, CEPII research center.
- Agnès Bénassy-Quéré & Lionel Fontagné & Horst Raff, 2011. "Exchange-rate Misalignments in Duopoly: The Case of Airbus and Boeing," Post-Print hal-00603386, HAL.
- Linda S Goldberg, 2009. "Understanding Banking Sector Globalization," IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 171-197, April.
- Evans, Martin D.D., 2014.
"External balances, trade flows and financial conditions,"
Journal of International Money and Finance, Elsevier, vol. 48(PB), pages 271-290.
- Evans, Martin, 2014. "External Balances, Trade Flows and Financial Conditions," MPRA Paper 55644, University Library of Munich, Germany.
- Marcus Hagedorn, 2017. "An Equilibrium Theory of Determinate Nominal Exchange Rates, Current Accounts and Asset Flows," 2017 Meeting Papers 1310, Society for Economic Dynamics.
- Philipp Engler & Michael Fidora & Christian Thimann, 2009.
"External Imbalances and the US Current Account: How Supply‐Side Changes Affect an Exchange Rate Adjustment,"
Review of International Economics, Wiley Blackwell, vol. 17(5), pages 927-941, November.
- Thimann, Christian & Fidora, Michael & Engler, Philipp, 2007. "External imbalances and the US current account: how supply-side changes affect an exchange rate adjustment," Working Paper Series 761, European Central Bank.
- Bruce N. Lehmann & David M. Modest, 1985. "The Empirical Foundations of the Arbitrage Pricing Theory I: The Empirical Tests," NBER Working Papers 1725, National Bureau of Economic Research, Inc.
- Rajeswari Sengupta, 2014. "Firm dollar debt and central bank dollar reserves: Empirical evidence from Latin America," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2014-013, Indira Gandhi Institute of Development Research, Mumbai, India.
- Herrmann, Sabine & Kleinert, Jörn, 2014. "Lucas paradox and allocation puzzle: Is the euro area different?," Discussion Papers 06/2014, Deutsche Bundesbank.
More about this item
Keywords
Current account adjustment; international capital flows; exchange rates;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cdl:ciders:qt7j3436bf. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lisa Schiff (email available below). General contact details of provider: https://edirc.repec.org/data/ibbrkus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.