Fundamentals at Odds? The U.S. Current Account Deficit and The Dollar

Fundamentals at Odds? The U.S. Current Account Deficit and The Dollar PDF Author: Mr.Gian Milesi-Ferretti
Publisher: International Monetary Fund
ISBN: 145187118X
Category : Business & Economics
Languages : en
Pages : 31

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Book Description
The real effective exchange rate of the dollar is close to its minimum level for the past 4decades (as of September 2008). At the same time, however, the U.S. trade and currentaccount deficits remain large and, absent a significant correction in coming years, wouldcontribute to a further accumulation of U.S. external liabilities. The paper discusses thetension between these two aspects of the dollar assessment, and what factors can helpreconcile them. It focuses in particular on the terms of trade, adjustment lags, andmeasurement issues related to both the real effective exchange rate and the current accountbalance.

Fundamentals at Odds? The U.S. Current Account Deficit and The Dollar

Fundamentals at Odds? The U.S. Current Account Deficit and The Dollar PDF Author: Mr.Gian Milesi-Ferretti
Publisher: International Monetary Fund
ISBN: 145187118X
Category : Business & Economics
Languages : en
Pages : 31

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Book Description
The real effective exchange rate of the dollar is close to its minimum level for the past 4decades (as of September 2008). At the same time, however, the U.S. trade and currentaccount deficits remain large and, absent a significant correction in coming years, wouldcontribute to a further accumulation of U.S. external liabilities. The paper discusses thetension between these two aspects of the dollar assessment, and what factors can helpreconcile them. It focuses in particular on the terms of trade, adjustment lags, andmeasurement issues related to both the real effective exchange rate and the current accountbalance.

Exchange Rates and Inflation

Exchange Rates and Inflation PDF Author: Rudiger Dornbusch
Publisher: MIT Press
ISBN: 9780262540605
Category : Business & Economics
Languages : en
Pages : 490

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Book Description
Collected for the first time in Exchange Rates and Inflation, twenty-two articles are gathered in four parts covering exchange rate theory, special topics in exchange rate economics, equilibrium real exchange rates, and inflation and stabilization.

Global Capital Markets

Global Capital Markets PDF Author: Maurice Obstfeld
Publisher: Cambridge University Press
ISBN: 9780521671798
Category : Business & Economics
Languages : en
Pages : 386

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Book Description
This book is an economic survey of international capital mobility from the late nineteenth century to the present.

G7 Current Account Imbalances

G7 Current Account Imbalances PDF Author: Richard H. Clarida
Publisher: University of Chicago Press
ISBN: 0226107280
Category : Business & Economics
Languages : en
Pages : 518

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Book Description
The current account deficit of the United States is more than six percent of its gross domestic product—an all-time high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current account surpluses to finance this deficit. How long can such unevenness between imports and exports be sustained, and what form might their eventual reconciliation take? Putting forth scenarios ranging from a gradual correction to a crash landing for the dollar, G7 Current Account Imbalances brings together economists from around the globe to consider the origins, status, and future of those disparities. An esteemed group of collaborators here examines the role of the bursting of the dot-com bubble, the history of previous episodes of current account adjustments, and the possibility of the Euro surpassing the dollar as the leading international reserve currency. Though there are areas of broad agreement—that the imbalances will ultimately decline and that currency revaluations will be part of the solution—many areas of contention remain regarding both the dangers of imbalances and the possible forms of adjustment. This volume will be of tremendous value to economists, politicians, and business leaders alike as they look to the future of the G7 economies.

International Corporate Finance

International Corporate Finance PDF Author: Jeff Madura
Publisher:
ISBN: 9780324323825
Category : Banks and banking, International
Languages : en
Pages : 707

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Book Description
International Financial Management, 7e combines a strong foundation in international finance theory with current, practical applications. It provides thorough, up-to-date treatment of cutting-edge international finance issues along with traditional treatment of international financial management. This book is known for its readability and clear explanation as well as its extensive use of hands-on, real world applications and student-oriented pedagogy.

Fundamentals at Odds? The U.S. Current Account Deficit and The Dollar

Fundamentals at Odds? The U.S. Current Account Deficit and The Dollar PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description