Matches in SemOpenAlex for { <https://semopenalex.org/work/W3140264982> ?p ?o ?g. }
Showing items 1 to 65 of
65
with 100 items per page.
- W3140264982 abstract "We analyze the global imbalances and the required adjustments for rebalancing in current accounts and real exchange rates. We set up a two-country two-sector model for the US-China with two asymmetries. First, we assume that the size of China initially is one third of the US but its size becomes half of the US in the next ten years consistent with the fast growth expectations in China. Secondly, we assume that China initially runs a net export surplus against the US. Then we quantitatively study two adjustment scenarios. First scenario, called Slow Adjustment, assumes that in the process of growth, Chinese demand composition moves more towards domestic non-tradable sector. In this case, Chinese real exchange rate appreciates gradually and net export surplus also decreases slowly. Second scenario, called Quick Adjustment, assumes that in addition to the higher non-tradable share in output, net export surplus against US goes to zero quickly in ?ve years. In this case, net export adjustment happens quickly and real exchange rates in China also appreciate faster and at a higher rate than Slow Adjustment case. Even though, global imbalances are eliminated faster in the Quick Adjustment case, high real appreciation in China hurts importers in the US. A comparison in terms of output shows that Slow Adjustments is preferred for both countries." @default.
- W3140264982 created "2021-04-13" @default.
- W3140264982 creator A5024206926 @default.
- W3140264982 creator A5060653853 @default.
- W3140264982 creator A5090950120 @default.
- W3140264982 date "2011-12-01" @default.
- W3140264982 modified "2023-09-25" @default.
- W3140264982 title "Global Imbalances, Current Account Rebalancing and Exchange Rate Adjustments" @default.
- W3140264982 hasPublicationYear "2011" @default.
- W3140264982 type Work @default.
- W3140264982 sameAs 3140264982 @default.
- W3140264982 citedByCount "0" @default.
- W3140264982 crossrefType "posted-content" @default.
- W3140264982 hasAuthorship W3140264982A5024206926 @default.
- W3140264982 hasAuthorship W3140264982A5060653853 @default.
- W3140264982 hasAuthorship W3140264982A5090950120 @default.
- W3140264982 hasConcept C162324750 @default.
- W3140264982 hasConcept C17744445 @default.
- W3140264982 hasConcept C18547055 @default.
- W3140264982 hasConcept C191935318 @default.
- W3140264982 hasConcept C199539241 @default.
- W3140264982 hasConcept C22674136 @default.
- W3140264982 hasConcept C2776988154 @default.
- W3140264982 hasConcept C2778908629 @default.
- W3140264982 hasConcept C2781138619 @default.
- W3140264982 hasConcept C52092804 @default.
- W3140264982 hasConcept C556758197 @default.
- W3140264982 hasConceptScore W3140264982C162324750 @default.
- W3140264982 hasConceptScore W3140264982C17744445 @default.
- W3140264982 hasConceptScore W3140264982C18547055 @default.
- W3140264982 hasConceptScore W3140264982C191935318 @default.
- W3140264982 hasConceptScore W3140264982C199539241 @default.
- W3140264982 hasConceptScore W3140264982C22674136 @default.
- W3140264982 hasConceptScore W3140264982C2776988154 @default.
- W3140264982 hasConceptScore W3140264982C2778908629 @default.
- W3140264982 hasConceptScore W3140264982C2781138619 @default.
- W3140264982 hasConceptScore W3140264982C52092804 @default.
- W3140264982 hasConceptScore W3140264982C556758197 @default.
- W3140264982 hasLocation W31402649821 @default.
- W3140264982 hasOpenAccess W3140264982 @default.
- W3140264982 hasPrimaryLocation W31402649821 @default.
- W3140264982 hasRelatedWork W1486382266 @default.
- W3140264982 hasRelatedWork W1499366445 @default.
- W3140264982 hasRelatedWork W1503734738 @default.
- W3140264982 hasRelatedWork W1515074277 @default.
- W3140264982 hasRelatedWork W1580272826 @default.
- W3140264982 hasRelatedWork W1862199767 @default.
- W3140264982 hasRelatedWork W2104717373 @default.
- W3140264982 hasRelatedWork W2130225632 @default.
- W3140264982 hasRelatedWork W2188242890 @default.
- W3140264982 hasRelatedWork W2321742913 @default.
- W3140264982 hasRelatedWork W2497266913 @default.
- W3140264982 hasRelatedWork W2913558314 @default.
- W3140264982 hasRelatedWork W2941810570 @default.
- W3140264982 hasRelatedWork W3123481752 @default.
- W3140264982 hasRelatedWork W3125567778 @default.
- W3140264982 hasRelatedWork W3126068854 @default.
- W3140264982 hasRelatedWork W3152014494 @default.
- W3140264982 hasRelatedWork W1967019296 @default.
- W3140264982 hasRelatedWork W2102725110 @default.
- W3140264982 hasRelatedWork W2189130710 @default.
- W3140264982 isParatext "false" @default.
- W3140264982 isRetracted "false" @default.
- W3140264982 magId "3140264982" @default.
- W3140264982 workType "article" @default.