Current Account Rebalancing and Real Exchange Rate Adjustment Between the U.S. and Emerging Asia /

A reduction in the U.S. current account deficit vis-a-vis emerging Asia involves a shift in demand from U.S. to emerging Asia tradable goods and a change in international relative prices. This paper quantifies the required adjustment in the terms of trade and real exchange rates in a three-country o...

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書目詳細資料
主要作者: Sandri, Damiano
其他作者: Mejean, Isabelle, Rabanal, Pau
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2011.
叢編:IMF Working Papers; Working Paper ; No. 2011/046
在線閱讀:Full text available on IMF