Search Results - subject_exact:"Current account imbalances"

A new modeling approach to help address the trump tariffs

Horioka, Charles; Ford, Nicholas - 2025

In this paper, we show that the existing models and descriptions of the transfer of capital between countries that are provided in international economics are inadequate because they fail to explain the causes of, or the consequences of, persistent trade imbalances and because the assumption...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015633331

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A new modeling approach to help address the Trump tariffs

Horioka, Charles - 2025

Book / Working Paper

New modeling approach to help address the Trump tariffs

Horioka, Yuji; Ford, Nicholas - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015558356

Monetary policy and the current account in Latin America: revisiting the mundellian paradigm

Laborde Vera, Juan Camilo - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015617544

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Monetary policy and the current account in Latin America: revisiting the mundellian paradigm

Laborde Vera, Juan Camilo - 2026

Book / Working Paper

U.S. Trade Policy Uncertainty and the Current Account : Unpacking Trade and Financial Channels

Jakubik, Adam - 2026

This paper investigates the implications of trade policy uncertainty (TPU) in the United States for current account balance (CAB) dynamics, given renewed interest in pursuing trade policy measures to address persistent current account deficits. We examine whether TPU, a distinct source of policy...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015612656

Demographics and international capital flows : an empirical assessment

Zélity, Balázs - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641901

Fiscal and external breakeven oil prices are broken concepts (and how to fix them)

Pierru, Axel; Smith, James L. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641905

Industrial policies, global imbalances and technological hegemony

Cesa-Bianchi, Ambrogio; Ferrero, Andrea; Fornaro, Luca; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015655753

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Industrial policies, global imbalances and technological hegemony

Cesa-Bianchi, Ambrogio; Ferrero, Andrea; Fornaro, Luca; … - 2026

Book / Working Paper

Industrial policies, global imbalances and technological hegemony

Cesa-Bianchi, Ambrogio; Ferrero, Andrea; Fornaro, Luca; … - 2026

Book / Working Paper

Symmetric and asymmetric J-curve effects of the real exchange rate on the manufacturing trade balance between Türkiye and Germany

Hekim, Derya - 2026

This study investigates whether fluctuations in the real exchange rate give rise to symmetric or asymmetric J-curve effects in manufacturing trade between Türkiye and Germany, thereby positioning the analysis within and contributing to the broader scholarly discourse on exchange rate-trade...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015633279

Mapping sectoral trade balances in time : a look at the numbers

Auboin, Marc; Smith, Donal; Mbise, Théo; … - 2026 - Manuscript date: 20 April 2026

In this descriptive paper, we focus on the sectoral composition of trade balances and their evolution since the 1970s, through the aggregation of millions of data points for goods and services. We use a "tree" approach, from global to regional, and from regional to sectoral and finally country...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015633549

External crisis vulnerability in Latin America and the Caribbean

Cavallo, Eduardo A.; Fernández Arias, Eduardo - 2026

This paper assesses the vulnerability of Latin American and Caribbean (LAC) economies to external crises. It shows that while the average LAC economy has made significant strides to reduce vulnerability to crises to its historical minimum, there is still considerable room for improvement,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015636654

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External crisis vulnerability in Latin America and the Caribbean

Cavallo, Eduardo A.; Fernández Arias, Eduardo - 2023

Book / Working Paper

The European Union's external imbalances$past, future, and policy

Darvas, Zsolt M.; Greppi Maturana, Costanza; Mendonça, … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669284

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The European Union's external imbalances : past, future and policy

Darvas, Zsolt M.; Greppi Maturana, Costanza; Mendonça, … - 2026

Book / Working Paper

Prospects for global imbalances in 2026 and beyond : another China shock?

Bayoumi, Tamim A.; Gagnon, Joseph E. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015636998

Stablecoins and global imbalances : attempting to preserve the US exorbitant privilege

Moec, Gilles - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669225

Global imbalances redux

Obstfeld, Maurice - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669211

Global imbalances then and now : should we be concerned?

Harr, Thomas; Krogstrup, Signe - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669213

Global imbalances : a progress report

Itskhoki, Oleg; Mukhin, Dmitry - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669216

Global imbalances then and now : lessons from the Plaza Accord

Hoshi, Takeo - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669304

Global imbalances, industrial policies, and the challenge of surging Chinese trade surpluses

Jean, Sébastien - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669267

The new global imbalances

2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015667368

The return of global imbalances? : the US case

Milesi-Ferretti, Gian Maria - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669224

The Chinese current account imbalances : puzzles, patterns, and possible causes

Ma, Chang; Wei, Shang-jin - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669227

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The Chinese Current Account Imbalances : Puzzles, Patterns, and Possible Causes

Ma, Chang; Wei, Shang-jin - 2026

Book / Working Paper

The interest rate effect of government debt and deficits : does domestic borrowing have a different impact than foreign borrowing?

Davis, Scott; Derr, Lillian - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669403

From Dollar privilege to America's capital pull : the new global imbalance

Kim, Hyo Sang - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015671884

Current account imbalances, facts, drivers, and policy challenges

Frohm, Erik . - 2026

Current account imbalances have re-emerged in global policy debates amid renewed widening, persistence and trade tensions. This paper reviews stylised facts on global imbalances, lessons from past rebalancing episodes, and policy implications. It shows that global imbalances remain persistent...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015677038

Twin deficits and external constraints in a dollarized economy : a stock-flow consistent exercise for smaller economies with an application to El Salvador

Alvarez, Armando; Pérez Caldentey, Esteban; Yajima, … - 2026

This paper develops a stock-flow consistent (SFC) exercise for a smaller and dollarized economy and applies it to the case of El Salvador. Against the backdrop of the 2025 IMF-supported fiscal adjustment program, we reassess the origins of rising public debt and persistent external deficits...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016060286

Globale Ungleichgewichte : wo liegen die größten Anpassungslasten

Matthes, Jürgen; Kunath, Gero; Sultan, Samina - 2026 - Stand: Juni 2026

Die globalen Ungleichgewichte haben in den letzten Jahren zugenommen. Das gilt vor allem für den zuletzt deutlich gestiegenen Leistungsüberschuss Chinas und das höhere Leistungsbilanzdefizit der USA. In der EU und im Euroraum ist eher eine Seitwärtsbewegung auf moderat hohem Niveau...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015666818

The mighty Euro : the impact of Euro exchange rate fluctuations on the current account of the balance of payments of the monetary union of Curaçao and Sint Maarten

Hieroms, Robert; Hieroms, Raïna - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016070872

"Capital" and "current" account dimensions of financial sanctions

Grund, Sebastian; Steinbach, Armin - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016084170

How to buy a trade surplus

Gagnon, Joseph E.; Agrawal, Nishtha - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016084344

Balance of payments constrained growth in the eurozone : evidence on multi-sector Thirlwall's law for a sample of 9 founding euro countries, 1992-2019

García Duch, Miguel - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014320940

International capital flows in the process of longevity catch-up

Inagaki, Kazuyuki - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015617419

Frequency and severity of current account reversals : an analysis with a rational expectations regime switching DSGE model

Hamano, Masashige; Murakami, Yuki - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015323637

Exchange rates and trade balance dynamics : a quantile regression analysis

Geldner, Teo - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015330650

The great dollar shortage debate : a modern perspective

Ntellas, Charēs; Tavlas, George S. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015334637

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The great dollar shortage debate : a modern perspective

Ntellas, Charēs; Tavlas, George - 2025

Book / Working Paper

Danish productivity and competitiveness in a globalised world

Kuchler, Andreas; Spange, Morten; Tjørnum, Mathias Busk; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015357206

The relationship between current account deficit, economic growth and oil prices in developing countries

Yessymkhanova, Zeinegul; Khamitova, Dariga; Bakytgul, … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015416460

Analysis of the relationship between oil prices and current accounts in oil importing countries

Mombekova, Gulmira; Sarsenova, Aķmaral Edílbajķyzy; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015418785

Assessing the current account gap in Colombia : a normative estimation approach

Salazar, Marlon - 2025

The current account (CA) balance indicates a country's savings-investment position; sustained deficits require foreign capital. To monitor Colombia's external vulnerability risk, we estimate a normative CA level using an unbalanced panel model based on long-run fundamental structural variables....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015423902

International money transfers : paradoxes and the balance-of-payments

Brakman, Steven; Marrewijk, Charles van - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015467267

Modeling the dynamic relationship between inflation, oil price, and macroeconomic variables : evidence from Saudi Arabia

Elsharif, Mohamed Sharif Bashir; Elamin, Ahlam … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015472085

Tariffs and trade deficits

Caliendo, Lorenzo; Kortum, Samuel; Parro, Fernando - 2025

We develop a dynamic multi-country Ricardian trade model with aggregate uncertainty, where trade imbalances emerge as countries exchange goods and assets. We introduce a method for computing counterfactuals in this setting, which doesn't require specifying the stochastic process of shocks or...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015447997

Fiscal austerity and informality : twin deficits as a cushion in Latin American countries

Bechchani, Khalil - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015449075

Real exchange rate and net trade dynamics : financial and trade shocks

Mac Mullen, Marcos; Woo, Soo Kyung - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015574538

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Real exchange rate and net trade dynamics : financial and trade shocks

Mac Mullen, Marcos; Woo, Soo Kyung - 2025 - This Draft: July 2025

Edition: This Draft: July 2025

Book / Working Paper

The US trade deficit and foreign borrowing : how long can it continue?

Bayoumi, Tamim A.; Gagnon, Joseph E. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015450754

The German balance of payments from an analytical perspective : milestones through history

Jochem, Axel; Nelißen, Iris - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015431713

The balance of payments and research ininternational macroeconomics

Harms, Philipp - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015431723

Granularity in the current account

Koomen, Miriam; Wicht, Laurence - 2025

We present new empirical evidence on the role of granularity in the current account (CA), using a unique and comprehensive firm-level dataset for Switzerland. We show that idiosyncratic shocks to large firms account for almost two thirds of the fluctuations in the headline CA and are the primary...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015437164

A model-free test of rational bubbles : an application to the US housing market

Basco, Sergi; Schäfer-i-Paradís, Maximilian - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015438025

When inflation drives twin deficits catch in the eurozone

Brixova, Barbara; Šuliková, Veronika; Siničáková, … - 2025

The paper explores the impact of inflation on the validity of the twin deficits hypothesis (TDH) in the Eurozone countries, focussing on how different inflation levels influence twin deficit existence (i.e., a positive relation between fiscal and current account deficit) and how inflation...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015461933

On economic and financial imbalances in the new geopolitical framework

Visco, Ignazio - 2025

This paper explores how global economic and financial imbalances have evolved amid rising protectionism and geopolitical tensions. While globalisation and technological change have had a positive impact on global growth and poverty reduction, they have also led to increased inequality,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015444020