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IMF Staff papers Volume 36 No. 1

The determinants of current account imbalances under floating exchange rates are analyzed. The analysis provides a framework within which the sources of. and the remedies for, the current account imbalances between the United States, Japan, and the Federal Republic of Germany can be discussed. The e...

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Bibliographic Details
Corporate Author: International Monetary Fund Research Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1989
Series:IMF Staff Papers
Subjects:
Wealth
Income
Private Investment
Investment
Labour; Income Economics
Public Finance & Taxation
Monetary Economics
Currency; Foreign Exchange
Saving
Balance Of Payments
Exports And Imports
Intangible Capital
International Economics
National Accounts
Money
Defense Spending
National Government Expenditures And Related Policies: General
National Security And War
Expenditure
Foreign Exchange
Saving And Investment
Investments: General
Expenditures, Public
Demand For Money
Macroeconomics
Macroeconomics: Consumption
Real Exchange Rates
Capacity
Capital
Public Finance
Money And Monetary Policy
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The determinants of current account imbalances under floating exchange rates are analyzed. The analysis provides a framework within which the sources of. and the remedies for, the current account imbalances between the United States, Japan, and the Federal Republic of Germany can be discussed. The effects of various government policies are emphasized, in particular the differences between expenditure-changing and expenditure-switching policies. Short-run and long-run considerations are investigated, as well as the role played by expectations and price-level dynamics
Physical Description:288 pages
ISBN:9781451956825

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