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Geldpolitisches Kräftemessen
Schnabl, Gunther - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 89 (2009) 8, pp. 498-499
Persistent link: https://www.econbiz.de/10003867638
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A vicious cycle of manias, crises and asymmetric policy responses : an overinvestment view
Hoffmann, Andreas; Schnabl, Gunther - In: The world economy : the leading journal on … 34 (2011) 3, pp. 382-403
Persistent link: https://www.econbiz.de/10009012139
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China's exchange rate impasse and the weak US dollar
McKinnon, Ronald I.; Schnabl, Gunther - 2008
In assessing Alexander Swoboda's great influence on economics, two themes stand out: the determinants of global inflation, particularly in the 1970s, and the choice of an exchange rate regime consistent with domestic monetary and fiscal policies. Although seemingly narrowly focused on China, our...
Persistent link: https://www.econbiz.de/10003818402
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China's exchange rate impasse and the weak US dollar
McKinnon, Ronald I.; Schnabl, Gunther - In: The new international monetary system : essays in …, (pp. 107-124). 2010
Persistent link: https://www.econbiz.de/10003972186
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Geldpolitik am Scheideweg
Schnabl, Gunther - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 87 (2007) 9, pp. 558-559
Persistent link: https://www.econbiz.de/10003537060
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Determinants of global and intra-European imbalances
Schnabl, Gunther; Freitag, Stephan - 2011
The paper discusses global current account imbalances in the context of an asymmetric world monetary system and … against the euro or members of the euro area (euro periphery). The paper finds that changes of world current account positions …
Persistent link: https://www.econbiz.de/10009508894
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China's exchange rate impasse and the weak U.S. dollar
McKinnon, Ronald Ian (contributor);  … - 2008
Since 2004, China has been backed into a situation where the renminbi is expected to go ever higher against the dollar, and this one-way bet has led to a loss of domestic monetary control. Combined with a more general flight from the U.S. dollar, the resulting monetary explosion in China...
Persistent link: https://www.econbiz.de/10003749649
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China's Exchange Rate Impasse and the Weak U.S. Dollar
McKinnon, Ronald; Schnabl, Gunther - 2021
Since 2004, China has been backed into a situation where the renminbi is expected to go ever higher against the dollar, and this one-way bet has led to a loss of domestic monetary control. Combined with a more general flight from the U.S. dollar, the resulting monetary explosion in China...
Persistent link: https://www.econbiz.de/10013316479
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Regional heterogeneity, the rise of public debt and monetary policy in post-bubbles Japan : lessons for the EMU
Fischer, Raphael; Schnabl, Gunther - 2016
Both Japan and parts of the European Monetary Union have experienced boom and bust in stock and real estate markets, which have been followed by a lasting crisis. The paper analyses the role of a high degree of regional heterogeneity for public debt and monetary policy in the context of crisis....
Persistent link: https://www.econbiz.de/10011476067
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Reverse causality in global current accounts
Schnabl, Gunther; Freitag, Stephan - 2010
The paper discusses global imbalances under the aspect of an asymmetric world monetary system. It identifies the US and … current account balance of the euro area has been by and large balanced. The paper finds that changes of world current account … Imbalances ; Asymmetric World Monetary System ; Twin Deficit ; Twin Surplus ; International Currency ; Sterilization ; Granger …
Persistent link: https://www.econbiz.de/10003973544