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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17260 |
来源ID | Working Paper 17260 |
What's Next for the Dollar? | |
Martin S. Feldstein | |
发表日期 | 2011-07-28 |
出版年 | 2011 |
语种 | 英语 |
摘要 | The real trade weighted value of the dollar fell 11 percent against the Federal Reserve Bank's index of major currencies during the 12 months through May 2011 and 31 percent during the past ten years. Four strong market forces are likely to cause further declines over the next several years: a portfolio rebalancing by major international investors who regard their portfolios as overweight dollars, the large US current account deficit, a Chinese policy to raise consumption, and interest rate differences that make dollar investments less attractive. |
主题 | Macroeconomics ; Business Cycles ; International Economics ; International Finance ; International Macroeconomics |
URL | https://www.nber.org/papers/w17260 |
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/574935 |
推荐引用方式 GB/T 7714 | Martin S. Feldstein. What's Next for the Dollar?. 2011. |
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 | ||
w17260.pdf(135KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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