G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w12194
来源IDWorking Paper 12194
G7 Current Account Imbalances: Sustainability and Adjustment
Richard H. Clarida
发表日期2006-05-01
出版年2006
语种英语
摘要This volume collects the eleven original papers that were written for the NBER Project on G7 Current Account Imbalances. Four major themes emerged from the papers written for the project. First, there was broad agreement that the current account imbalances that prevailed among the G7 countries as of June 2005 would ultimately decline, although there was no consensus on when or how this would occur . Second, there was agreement that adjustments in global currency markets would likely be associated with the shifts in global saving and investment patterns that would be required to bring about the ultimate decline in G7 current account imbalances. Third, while the focus of the conference was on current account imbalances in the G7 countries, it was recognized that the aggregate excess of saving over investment that existed among the emerging market economies at the time of the conference, as well as the currency intervention policies of some of these countries, were contributing to the current imbalances in the G7 that prevailed as of June 2005. Fourth, there was a consensus that re-valuation of the evolving foreign asset and liability positions of the G7 countries would play a role during process by which current account imbalances narrowed, although there was range of opinion concerning how large a role such revaluation effects would play.
主题International Economics ; International Finance ; International Macroeconomics
URLhttps://www.nber.org/papers/w12194
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/569848
推荐引用方式
GB/T 7714
Richard H. Clarida. G7 Current Account Imbalances: Sustainability and Adjustment. 2006.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w12194.pdf(76KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Richard H. Clarida]的文章
百度学术
百度学术中相似的文章
[Richard H. Clarida]的文章
必应学术
必应学术中相似的文章
[Richard H. Clarida]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w12194.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。