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: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1989.
Series:IMF Staff Papers; IMF Staff Papers ; No. 1989/001
Online Access:Full text available on IMF
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.
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<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (288 pages)
Format:Mode of access: Internet
ISSN:1020-7635
Access:Electronic access restricted to authorized BRAC University faculty, staff and students