Global imbalances and exchange rate adjustment

Journal of Policy Modeling

Volumn 29, Issue 5, 2007, Pages 705-709

  Rogoff, Kenneth ^a  

^a HARVARD UNIVERSITY   (United States)

Author keywords

Current account imbalance; Exchange rate adjustment; Global imbalance

Indexed keywords

EID: 34748863547     PISSN: 01618938     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jpolmod.2007.06.006     Document Type: Article

References (7)

1. Cline W. The United States as a debtor nation (2005, September), Institute for International Economics, Washington
2. Frankel J.A., and Rose A.K. Empirical research on nominal exchange rates. In: Grossman G., and Rogoff K. (Eds). Handbook of international economics Vol. 3 (1995), Elsevier/North-Holland, Amsterdam/New York 1689-1729
3. Gourinchas, P-O, & Rey, H. (2005, August). From World Banker to World Venture Capitalist: US External Adjustment and the Exorbitant Privilege (NBER Working Paper 11563).
4. Meese R., and Rogoff K. Empirical exchange rate models of the seventies: Do they fit out of sample?. Journal of International Economics 14 (1983, February) 3-24. http://www.economic-policy.org/pdfs/responses/Kenneth-Rogoff.pdf (see also: The failure of empirical exchange rate models: no longer new, but still true. Economic Policy Web Essay, September 2001, http://www.economic-policy.org/pdfs/responses/Kenneth-Rogoff.pdf.)
5. Obstfeld M., and Rogoff K. Perspectives on OECD capital market integration: Implications for U.S. current account adjustment. Global Economic Integration: Opportunities and Challenges (pp. 169-208) (2001, March), Federal Reserve Bank of Kansas City. http://www.kc.frb.org/PUBLICAT/SYMPOS/2000/sym00prg.htm (Paper presented at a symposium sponsored by the Federal Reserve Bank of Kansas City, at Jackson Hole, Wyoming, August 24-26, 2000. Available at http://www.kc.frb.org/PUBLICAT/SYMPOS/2000/sym00prg.htm.)
6. Obstfeld M., and Rogoff K. Global current account imbalances and exchange rate adjustments. In: Brainard W., and Perry G. (Eds). Brookings Papers on Economic Activity 1 (2005) 67-146. http://www.economics.harvard.edu/faculty/rogoff/papers/BPEA2005_AppendixB.pdf (Appendix B is available at http://www.economics.harvard.edu/faculty/rogoff/papers/BPEA2005_AppendixB.pdf)
7. Obstfeld, M., & Rogoff, K. (in press). The unsustainable US current account position revisited. In R.H. Clarida (Ed.), G7 current account imbalances: Sustainability and adjustment. University of Chicago Press and the National Bureau of Economic Research.