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The Evolving U.S. Payments Imbalance and Its Impact on Europe and the Rest of the World

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  • Alan Greenspan

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  • Alan Greenspan, 2004. "The Evolving U.S. Payments Imbalance and Its Impact on Europe and the Rest of the World," Cato Journal, Cato Journal, Cato Institute, vol. 24(1-2), pages 1-11, Spring/Su.
    • Handle: RePEc:cto:journl:v:24:y:2004:i:1:p:1-11
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    References listed on IDEAS

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    1. Maurice Obstfeld & Alan M. Taylor, 2003. "Globalization and Capital Markets," NBER Chapters, in: Globalization in Historical Perspective, pages 121-188, National Bureau of Economic Research, Inc.
    2. Feldstein, Martin & Horioka, Charles, 1980. "Domestic Saving and International Capital Flows," Economic Journal, Royal Economic Society, vol. 90(358), pages 314-329, June.
    3. Houthakker, Hendrik S & Magee, Stephen P, 1969. "Income and Price Elasticities in World Trade," The Review of Economics and Statistics, MIT Press, vol. 51(2), pages 111-125, May.
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    Citations

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    Cited by:

    1. 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.
    2. Obstfeld, Maurice, 2005. "America’s Deficit, the World’s Problem," Department of Economics, Working Paper Series qt7j3436bf, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    3. Bailliu, Jeannine & Dib, Ali & Kano, Takashi & Schembri, Lawrence, 2014. "Multilateral adjustment, regime switching and real exchange rate dynamics," The North American Journal of Economics and Finance, Elsevier, vol. 27(C), pages 68-87.
    4. Edwards, Sebastian, 2006. "The U.S. current account deficit: Gradual correction or abrupt adjustment?," Journal of Policy Modeling, Elsevier, vol. 28(6), pages 629-643, September.
    5. Maurice Obstfeld, 2006. "Implications for the Yen of Japanese Current Account Adjustment," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 24(S1), pages 27-38, December.
    6. Maurice Obstfeld & Kenneth Rogoff, 2007. "The Unsustainable US Current Account Position Revisited," NBER Chapters, in: G7 Current Account Imbalances: Sustainability and Adjustment, pages 339-376, National Bureau of Economic Research, Inc.
    7. James Dorn, 2006. "Ending Financial Repression in China," Global Economic Review, Taylor & Francis Journals, vol. 35(2), pages 231-238.
    8. Sebastian Edwards, 2005. "The end of large current account deficits : 1970-2002 : are there lessons for the United States?," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 205-268.
    9. Shahrokhi, Manuchehr, 2011. "The Global Financial Crises of 2007–2010 and the future of capitalism," Global Finance Journal, Elsevier, vol. 22(3), pages 193-210.
    10. Mr. Guy M Meredith, 2007. "Debt Dynamics and Global Imbalances: Some Conventional Views Reconsidered," IMF Working Papers 2007/004, International Monetary Fund.
    11. Hubbard, R. Glenn, 2006. "The U.S. current account deficit and public policy," Journal of Policy Modeling, Elsevier, vol. 28(6), pages 665-671, September.

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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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