Similar Search Results

Let's blame Germany for its current account surplus!?

Jost, Thomas - 2014

Germany is often criticized for its large current account surpluses. The surpluses are caused by differences in … economic growth between Germany and its major trading partners, the innovative strength of German enterprises, as well as … Economic and Monetary Union (EMU) induced large net capital exports of Germany into the peripheral economies which mirrored the …

Persistent link: https://www.econbiz.de/10010369264

Let's blame Germany for its current account surplus!?

Jost, Thomas - University of Applied Sciences Amberg-Weiden (OTH) - 2014

Persistent link: https://www.econbiz.de/10010985179

Income inequality and Germany's current account surplus

Grüning, Patrick; Theobald, Thomas; Treeck, Till van - 2015

Als Deutschland dem Eurosystem beitrat, zeigte die Leistungsbilanz ein Defizit. Seit über einer Dekade jedoch hat die …Germany entered the euro with a current account deficit but over theentire past decade has run large and persistent … current account surpluses. Besides joining the common currency, the increase of Germany's current account since the late 1990s …

Persistent link: https://www.econbiz.de/10010481120

Retained earnings, foreign portfolio ownership, and the German current account : a firm-level approach

Goldbach, Stefan; Harms, Philipp; Jochem, Axel; Nitsch, … - 2024

concept to Germany. For the years 2012 to 2020, our corrections retrospectively reduce German savings and consequently the … German current account surplus by, on average, €11.5bn annually. This amounts to lowering Germany's average official current …

Persistent link: https://www.econbiz.de/10014548481

Retained earnings and foreign portfolio ownership : implications for the current account debate

Goldbach, Stefan; Harms, Philipp; Jochem, Axel; Nitsch, … - 2023

Persistent link: https://www.econbiz.de/10014286520

Causes and Consequences of Global Imbalances: Perspective from Developing Asia

Adams, Charles; Park, Donghyun - 2009

Global current account imbalances are one of the key macroeconomic imbalances that underlie the global financial crisis. The central objective of this paper is to analyze the causes and consequences of global imbalances from the perspective of developing Asia. More specifically, we examine the...

Persistent link: https://www.econbiz.de/10010507261

Makroökonomische Ungleichgewichte im Euroraum : Lösungsansätze aus post-keynesianischer Perspektive

Hein, Eckhard; Detzer, Daniel - In: Die Krise der europäischen Integration aus …, (pp. 89-116). 2017

Persistent link: https://www.econbiz.de/10011720660

International Finance and Income Convergence : Europe is Different

Abiad, Abdul G. - 2007

Recent studies conclude that the ongoing global financial integration may have had little or no value in advancing economic growth, especially in poor countries. Capital is often found to flow quot;uphillquot; from poor to rich countries. And, when it does flow into the less developed economies,...

Persistent link: https://www.econbiz.de/10012777312

Assessing the Sustainability of External Imbalances in the European Union

Afonso, António - 2017

We assess the sustainability of the current account (CA) balance, net international investment position (NIIP) and net external debt (NED) in a sample of EU countries using two complementary approaches. First, we employ both time-series and panel-data stationarity tests of current account...

Persistent link: https://www.econbiz.de/10012955469

Another Look at the Determinants of Current Account Imbalances in the European Union : An Empirical Assessment

Gehringer, Agnieszka - 2013

In a dynamic panel framework, I investigate the qualitative aspects of factors determining current account imbalances in (country groupings within) the European Union. I consider the standard determinants of current account positions discussed in the past literature, but additionally, I include...

Persistent link: https://www.econbiz.de/10013089955