The dollar in the turmoil

Journal of the Japanese and International Economies - Tập 23 - Trang 427-436 - 2009
Agnès Bénassy-Quéré1, Sophie Béreau2, Valérie Mignon3
1CEPII, Paris, France
2EconomiX-CNRS, University of Paris Ouest - Nanterre La Défense, France
3EconomiX-CNRS, University of Paris Ouest and CEPII, Paris, France

Tài liệu tham khảo

BEA, 2008. The International Investment Position of the United States at Yearend 2007. Survey of Current Business, Bureau of Economic Analysis. Blanchard, 2005, International investors, the US current account and the dollar, Brookings Pap. Econ. Act., 36, 10.1353/eca.2005.0010 Bénassy-Quéré, A., Béreau, S., Mignon, V., 2008, Equilibrium Exchange Rates: A Guidebook for the Euro/Dollar Rate. CEPII Working Paper, 2008-02. Bénassy-Quéré, A., Lahrèche-Révil, A., Mignon, V., 2009. World consistent equilibrium exchange rates. J. Japanese Int. Economies, doi:10.1016/j.jjie.2009.02.001. Gourinchas, P.-O., 2005. Valuation effects and external adjustment: a review. In: Cowan, K., Edwards, S., Valdes, R. (Eds.), Current Account and External Financing. Gourinchas, P.-O., Rey, H., 2005. From world banker to world venture capitalism: US external adjustment and the exorbitant privilege. In: Clarida, R.H. (Ed), G7 Current Account Imbalances: Sustainability and Adjustment, National Bureau of Economic Research. Higgins, 1998, Demography, national savings, and international capital flows, Int. Econ. Rev., 39, 343, 10.2307/2527297 Isard, P., Faruqee, H., 1998. Exchange Rate Assessment: Extensions of the Macroeconomic Balance Approach. IMF Occasional Paper, 167. Lane, P., Milesi-Ferretti, G.-M., 2001. Long Term Capital Movements. IMF Working Paper 01/107. Lane, 2002, External wealth, the trade balance, and the real exchange rate, Europ. Econ. Rev., 46, 1049, 10.1016/S0014-2921(02)00160-5 Lane, P., Shambaugh, J.C., 2007. Financial Exchange Rates and International Currency Exposures. NBER Working Paper, 13433. Laxton, D., Isard, P., Faruqee, H., Eswar, P., Turtelboom, B., 1998. MULTIMOD Mark III the core dynamic and steady-state models. IMF Occasional Paper, 164. Milesi-Ferretti, G.-M., 2009. A $ 2 Trillion Question, VoX, January 29, 2009.