| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7056 |
| DP7056 Public Versus Private Ownership: Quantity Contracts and the Allocation of Investment Tasks | |
| Patrick W. Schmitz; Eva Hoppe-Fischer | |
| 发表日期 | 2008-11-23 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | In mid-2008, the real effective exchange rate of the dollar was close to its minimum level for the past 4 decades. At the same time, however, the U.S. trade and current account deficits remain large and, absent a significant correction in coming years, would contribute to a further accumulation of U.S. external liabilities. The paper discusses the tension between these two aspects of the dollar assessment, and what factors can help reconcile them. It focuses in particular on the terms of trade, adjustment lags, and measurement issues related to both the real effective exchange rate and the current account balance. |
| 主题 | International Macroeconomics |
| 关键词 | Current account Real exchange rate Terms of trade |
| URL | https://cepr.org/publications/dp7056 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535893 |
| 推荐引用方式 GB/T 7714 | Patrick W. Schmitz,Eva Hoppe-Fischer. DP7056 Public Versus Private Ownership: Quantity Contracts and the Allocation of Investment Tasks. 2008. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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