The transfer problem in reducing the U.S. current account deficit

Journal of Policy Modeling

Volumn 29, Issue 5, 2007, Pages 669-675

  McKinnon, Ronald I ^a  

^a STANFORD UNIVERSITY   (United States)

Author keywords

Absorption approach; Dollar standard; Transfer problem; U.S. trade deficit

Indexed keywords

EID: 34748852524     PISSN: 01618938     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jpolmod.2007.06.003     Document Type: Article

References (8)

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4. McKinnon R.I. Trapped by the dollar standard. Journal of Policy Modeling (June 2005)
5. McKinnon, R. I. (2007a). The worth of the dollar, SIEPR Policy Brief, Stanford University, February. Reprinted from The Wall Street Journal, December 16, 2006.
6. McKinnon R.I. Why China should keep its dollar peg: A historical perspective from Japan. International Finance (Spring 2007)
7. Obstfeld M., and Rogoff K. The unsustainable U.S. current account revisited. Proceedings of the Federal Reserve Bank of San Francisco (February 2005)
8. Qiao, H. (Helen), (2007). Exchange rates and trade balances under the dollar standard, Journal of Economic Policy Modeling, in press.