Are Bilateral Trade Balances Irrelevant? /

Are Bilateral Trade Balances Irrelevant? /

Based on an empirical gravity model of sectoral bilateral trade, we uncover three features of bilateral trade balances. First, the difficulty of gravity models in fitting the observed level of bilateral balances is likely due to the presence of unobservable bilateral trade costs. Second, the model f...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter:	MacDonald, Margaux
Andre forfattere:	Eugster, Johannes, Jaumotte, Florence, Piazza, Roberto
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2020.
Serier:	IMF Working Papers; Working Paper ; No. 2020/210
Online adgang:	Full text available on IMF

Lignende værker

Cult of the Irrelevant
af: Desch

Bilateral Trade Imbalances /
af: Cunat, Alejandro
Udgivet: (2022)

Fostering Resilience for Loss and Irrelevance
af: Kreuter
Udgivet: (2013)

Debt Overhang or Debt Irrelevance? : Revisiting the Debt-Growth Link /
af: Cordella, Tito
Udgivet: (2005)

India-Bangladesh bilateral trade and potential free trade agreement /
Udgivet: (2006)

Stylized Facts on Bilateral Trade and Currency Unions : Implications for Africa /
af: Hulej, Michal
Udgivet: (2006)

Estimating Trade Equations from Aggregate Bilateral Data /
af: Bayoumi, Tamim
Udgivet: (1999)

Evolution of Bilateral Swap Lines /
af: Perks, Michael
Udgivet: (2021)

Bilateral Surveillance Guidance Note.
Udgivet: (2010)

Asset Market and Balance of Payments Characteristics : An Eclectic Exchange Rate Model for the Dollar, Mark, and Yen /
af: MacDonald, Ronald
Udgivet: (1995)

Unconventional Monetary Policy in a Small Open Economy /
af: MacDonald, Margaux
Udgivet: (2017)

Financial Sector and Economic Growth in India /
af: MacDonald, Margaux
Udgivet: (2022)

Supply Pressure and the Export-Import Performance in the Japan-U.S. Bilateral Trade /
af: Onitsuka, Yusuke
Udgivet: (1994)

The United States and the New Regionalism/ Bilateralism /
af: Yang, Yongzheng
Udgivet: (2003)

Bilateral Legacies in East and Southeast Asia
af: Ganesan

Financial Sector and Bilateral Surveillance : Toward Further Integration.
Udgivet: (2009)

The Impact of Trade Liberalization on the Trade Balance in Developing Countries /
af: Wu, Yi
Udgivet: (2008)

Policy Mix and the US Trade Balance /
af: Osorio Buitron, Carolina
Udgivet: (2017)

Bilateral Financial Linkages and Global Imbalances : A View on The Eve of the Financial Crisis /
af: Milesi-Ferretti, Gian
Udgivet: (2010)

Treatment of Exchange Rate Issues in Bilateral Surveillance : A Stocktaking.
Udgivet: (2006)

How Do Banking Crises Affect Bilateral Exports? /
af: Kiendrebeogo, Youssouf
Udgivet: (2013)

Penn State and BRAC University develop bilateral relationship
af: The Daily Star
Udgivet: (2014)

The Balance of Trade, the Terms of Trade, and the Real Exchange Rate : An Intertemporal Optimizing Framework.
Udgivet: (1988)

The Impact of Monetary Policyon the Bilateral Exchange Rate : Chile Versus the United States /
af: Zettelmeyer, Jeromin
Udgivet: (2003)

Trade Policy and Macroeconomic Balance in the World Economy.
Udgivet: (1988)

Trade Linkages, Balance Sheets, and Spillovers : The Germany-Central European Supply Chain /
af: Elekdag, Selim
Udgivet: (2013)

The Effects of Exchange Rate Change on the Trade Balance in Croatia /
af: Stucka, Tihomir
Udgivet: (2004)

External Wealth, the Trade Balance, and the Real Exchange Rate /
af: Lane, Philip
Udgivet: (2002)

The Macroeconomic Effects of Capital Controls and the Stabilization of the Balance of Trade /
af: Mendoza, Enrique
Udgivet: (1990)

Fund Support for Trade-Related Balance of Payments Adjustments.
Udgivet: (2004)

Real Effective Exchange Rate and Trade Balance Adjustment : The Case of Turkey /
af: Iossifov, Plamen
Udgivet: (2019)

Exchange Rates and Trade Balance Adjustment in Emerging Market Economies.
Udgivet: (2006)

U.S. Trade Policy: Balancing Economic Dreams and Political Realities
af: John M. Rothgeb Jr

From Bilateral Arbitral Tribunals and Investment Courts to a Multilateral Investment Court
af: Bungenberg
Udgivet: (2020)

The Flaherty
af: MacDonald

The Daughter's Way
af: MacDonald

Rousing the Machinery
af: MacDonald

Lives of Fort de Chartres
af: MacDonald

The Dionysian Gospel
af: MacDonald

Unions and the City
af: MacDonald