IDEAS home Printed from https://ideas.repec.org/a/cup/nierev/v192y2005ip33-39_4.html
   My bibliography  Save this article

Correcting US Imbalances

Author

Listed:
  • Al-Eyd, Ali
  • Barrell, Ray
  • Pomerantz, Olga

Abstract

In the January Review discussion of the US current account imbalances, we explored the links between the US current account deficit and exchange rates, and focused on the economic adjustments required to correct the US ‘triple’ deficits. Using NiGEM, we illustrated that a sustained adjustment in the US current account deficit cannot be achieved through a temporary nominal depreciation alone – whether risk or policy driven – but also requires a redressing of the government and household imbalances and a consequent increase in national savings.

Suggested Citation

  • Al-Eyd, Ali & Barrell, Ray & Pomerantz, Olga, 2005. "Correcting US Imbalances," National Institute Economic Review, National Institute of Economic and Social Research, vol. 192, pages 33-39, April.
    • Handle: RePEc:cup:nierev:v:192:y:2005:i::p:33-39_4
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0027950100010875/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rivaud, S., 2015. "Impacts macroéconomiques internationaux des réformes structurelles," Bulletin de la Banque de France, Banque de France, issue 200, pages 91-105.
    2. repec:bfr:quarte:2014:38:02 is not listed on IDEAS
    3. Dibooglu, Sel & Kapounek, Svatopluk, 2021. "The US current account, sustainability, and the international monetary system," Economic Systems, Elsevier, vol. 45(4).
    4. Das, Dilip K., 2009. "The evolution of renminbi yuan and the protracted debate on its undervaluation: An integrated review," Journal of Asian Economics, Elsevier, vol. 20(5), pages 570-579, September.
    5. John Williamson, 2009. "Exchange Rate Economics," Open Economies Review, Springer, vol. 20(1), pages 123-146, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:nierev:v:192:y:2005:i::p:33-39_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://edirc.repec.org/data/niesruk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.