Results 11 to 20 of about 75,264 (43)
Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America
The American Economic Review, 2015 After World War II, international capital flowed into slow-growing Latin America rather than fast-growing Asia. This is surprising as, everything else equal, fast growth should imply high capital returns.
L. Ohanian, Paulina Restrepo-Echavarria
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Does Fiscal Policy Matter for the Trade Account?: A Panel Cointegration Study
Social Science Research Network, 2006 This paper analyses the empirical relationship between fiscal policy and the trade account. Research prior to this paper did not consider that the components of private and public demand in the import demand equation exhibit different elasticities. Using
Katja Funke, C. Nickel
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Real Exchange Rate in an Inter-Temporal N-Country-Model with Incomplete Markets
Social Science Research Network, 2003 We develop an N-country model with stock markets in which closed-form solutions for the real exchange rate is derived. Our model allows for a given number of risky-assets, which form an incomplete market.
Benoît Mercereau
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Social Science Research Network, 2006 In a panel covering a large number of countries from 1970 to 2003, we show that net portfolio flows play an important role in correcting external imbalances, since they are driven by common determinants represented by countries’ demographic profiles, the
M. Lührmann, Roberto A. De Santis
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Model Uncertainty and the Equilibrium Value of the Real Effective Euro Exchange Rate
Social Science Research Network, 2002 On the basis of historical data aggregated over the period 1973 to 2000, we estimated four different equilibrium exchange rate models for the synthetic euro. Using the same data set, variable definitions and sample period offers the possibility to assess
C. Detken +4 more
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An Equilibrium Model of Global Imbalances and Low Interest Rates
, 2006 P. Gourinchas +2 more
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United States-China Trade at the Commodity Level and the Yuan-Dollar Exchange Rate
, 2007 Mohsen Bahmani-Oskooee, Yongqing Wang
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Implementing monetary policy in a fragmented monetary union∗
, 2014 Miklos Vari
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TARGET2: How Costly is Buying Time?
, 2016 Alexander Erler, Stefan Hohberger
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The End of Privilege: A Reexamination of the Net Foreign Asset Position of the United States
Social Science Research Network, 2022The US net foreign asset position declined sharply after 2007, reaching negative 60 percent of GDP by the third quarter of 2023. This deterioration primarily reflects a US-specific rise in corporate asset values that inflated the value of US equity ...
A. Atkeson, J. Heathcote, F. Perri
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