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Current Account Adjustment in the Eurozone: Lessons From a Flexible Price Model

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  • Christoph Zwick

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  • Christoph Zwick, 2016. "Current Account Adjustment in the Eurozone: Lessons From a Flexible Price Model," The World Economy, Wiley Blackwell, vol. 39(7), pages 1025-1045, July.
    • Handle: RePEc:bla:worlde:v:39:y:2016:i:7:p:1025-1045
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    References listed on IDEAS

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    1. Maurice Obstfeld & Kenneth S. Rogoff, 2000. "Perspectives on OECD economic integration : implications for U.S. current account adjustment," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 169-208.
    2. Pierre-Olivier Gourinchas & Hélène Rey, 2007. "International Financial Adjustment," Journal of Political Economy, University of Chicago Press, vol. 115(4), pages 665-703, August.
    3. Lane, Philip R. & Milesi-Ferretti, Gian Maria, 2012. "External adjustment and the global crisis," Journal of International Economics, Elsevier, vol. 88(2), pages 252-265.
    4. Maurice Obstfeld & Kenneth S. Rogoff, 2005. "Global Current Account Imbalances and Exchange Rate Adjustments," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 36(1), pages 67-146.
    5. Hans-Werner Sinn & Timo Wollmershäuser, 2011. "Target-Kredite, Leistungsbilanzsalden und Kapitalverkehr: Der Rettungsschirm der EZB," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(1), pages 01-29, June.
    6. Ms. Ruo Chen & Mr. Gian M Milesi-Ferretti & Mr. Thierry Tressel, 2012. "External Imbalances in the Euro Area," IMF Working Papers 2012/236, International Monetary Fund.
    7. Mr. Damiano Sandri & Mr. Pau Rabanal & Ms. Isabelle Mejean, 2011. "Current Account Rebalancing and Real Exchange Rate Adjustment Between the U.S. and Emerging Asia," IMF Working Papers 2011/046, International Monetary Fund.
    8. Hans-Werner Sinn, 2014. "Austerity, Growth and Inflation: Remarks on the Eurozone's Unresolved Competitiveness Problem," The World Economy, Wiley Blackwell, vol. 37(1), pages 1-13, January.
    9. Engler, Philipp, 2009. "Global rebalancing in a three-country model," Discussion Papers 2009/1, Free University Berlin, School of Business & Economics.
    10. Zsolt Darvas, 2012. "Intra-euro rebalancing is inevitable but insufficient," Policy Contributions 747, Bruegel.
    11. Maurice Obstfeld & Kenneth Rogoff, "undated". "Perspectives on OECD Capital Market Integration: Implications for U.S. Current Account Adjustment," Working Paper 33688, Harvard University OpenScholar.
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