A crucial issue for macro developments in Europe is how large and persistent the depreciation of the US dollar against the euro will be. This chapter offers an in-depth analysis of this.

Giancarlo Corsetti

Gilles Saint-Paul

Hans-Werner Sinn

Jan-Egbert Sturm

Lars Calmfors

Michael P. Devereux

Xavier Vives

English

Research Papers in Economics

Country Size and the Transfer Effect”,

Determinants of the Euro Real Effective Exchange Rate:

Global Current Account Imbalances and Exchange Rate Adjustments”,

Has the Adjustment Worked?,

Mr. Keynes’ Views on the Transfer Problem.

Mr. Keynes’Views on the Transfer Problem. II. A Rejoinder from Professor Ohlin”,

Productivity, External Balance and Exchange Rates: Evidence on the Transmission Mechanism Among

Quo vadis Euro?”,

Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing”,

The Dollar’s Equilibrium Exchange Rate: a Market View”,

The Housing Cycle and the Trade Balance”, Federal Reserve Bank of New York Working Paper.

The Reparations Problem: A Discussion; Transfer Difficulties, Real and Imagined”,

The Reparations Problem: ADiscussion.

The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates”,

The Unsustainable US Current Account Position Revisited”,

Tracking the Euro’s Progress”,

Will There be a Dollar Crisis?”,

Chapter 2: How much real dollar depreciation is needed to correct global imbalances?

http://www.cesifo-group.de/portal/page/portal/DocBase_Content/ZS/ZS-EEAG_Report/zs-eeag-2008/eeag_report_chap2_2008.pdf

Chapter 2: How much real dollar depreciation is needed to correct global imbalances?

Abstract

Similar works

Full text

Available Versions

Research Papers in Economics