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Is the U.S. Current Account Deficit Sustainable? And If Not, How Costly is Adjustment Likely To Be?
16 references·16 citing·46 second hopsampled
Is the U.S. Current Account Deficit Sustainable? And If Not, How Costly is Adjustment Likely To Be? (2005)Is the U.S. Current Account Deficit Susta…On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects (2011)On the Empirics of Sudden Sto…The Unsustainable U.S. Current Account Position Revisited (2007)The Unsustainable U.S. Curren…International Financial Adjustment (2007)International Financial Adjus…International Financial Adjustment (2005)International Financial Adjus…Thirty Years of Current Account Imbalances, Current Account Reversals and Sudden Stops (2004)Thirty Years of Current Accou…On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects (2004)On the Empirics of Sudden Sto…Flexible exchange rates as shock absorbers (2004)Flexible exchange rates as sh…The External Wealth of Nations Measures of Foreign Assets and Liabilities for Industrial and Developing Countries (1999)The External Wealth of Nation…Trade Elasticities for G-7 Countries (1998)Trade Elasticities for G-7 Co…Current Account Reversals and Currency Crises: Empirical Regularities (1998)Current Account Reversals and…Currency crashes in emerging markets: An empirical treatment (1996)Currency crashes in emerging …Crisis and Reform in Latin America: From Despair to Hope (1996)Crisis and Reform in Latin Am…Contagious Currency Crises (1996)Contagious Currency CrisesEconomic Reform and the Process of Global Integration (1995)Economic Reform and the Proce…Outward-Oriented Developing Economies Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976-1985 (1992)Outward-Oriented Developing E…Differences in income elasticities and trends in real exchange rates (1989)Differences in income elastic…Current account sustainability in Sub-Saharan Africa: Does the exchange rate regime matter? (2014)Current account sustainabilit…Varieties and the transfer problem (2012)Varieties and the transfer pr…The adjustment of global external balances: Does partial exchange-rate pass-through to trade prices matter? (2009)The adjustment of global exte…Globalization and the sustainability of large current account imbalances: Size matters (2009)Globalization and the sustain…A two-country NATREX model for the euro/dollar (2009)A two-country NATREX model fo…Equilibrium Portfolios and External Adjustment Under Incomplete Markets (2008)Equilibrium Portfolios and Ex…Regional Monetary Integration (2007)Regional Monetary IntegrationEndogenous discounting, the world saving glut and the U.S. current account (2007)Endogenous discounting, the w…East Asia and Global Imbalances: Saving, Investment, and Financial Development (2007)East Asia and Global Imbalanc…The U.S. Current Account Deficit and the Expected Share of World Output (2006)The U.S. Current Account Defi…The "Great Moderation" and the US External Imbalance (2006)The "Great Moderation" and th…Portfolio Choice in a Monetary Open-Economy DSGE Model (2005)Portfolio Choice in a Monetar…Explaining the Global Pattern of Current Account Imbalances (2005)Explaining the Global Pattern…Current Account Reversals: Always a Problem? (2005)Current Account Reversals: Al…A Global Perspective on External Positions (2005)A Global Perspective on Exter…Statistical implications of the new financial landscapeStatistical implications of t…A Model of Balance-of-Payments Crises (1979)Bank Runs, Deposit Insurance, and Liquidity (1983)No Contagion, Only Interdependence: Measuring Stock Market Co-movements (1999)The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)Contagion: Understanding How It Spreads (2000)Emerging markets finance (2003)Increasing Returns and Long-Run Growth (1986)On the mechanics of economic development (1988)A Contribution to the Empirics of Economic Growth (1992)Does Social Capital Have an Economic Payoff? A Cross-Country Investigation (1997)Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development (2004)Economic Origins of Dictatorship and Democracy (2005)The Purchasing-Power Parity Doctrine: A Reappraisal (1964)Does Trade Cause Growth? (1999)Modernization, Cultural Change, and the Persistence of Traditional Values (2000)Econometric Analysis of Cross Section and Panel Data (2001)Foreign Capital and Economic Growth (2007)An Anatomy Of Credit Booms: Evidence From Macro Aggregates And Micro Data (2008)The Optimal Level of International Reserves for Emerging Market Countries: A New Formula and Some Applications (2011)The General Theory of Employment (1937)Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models (1991)Testing the null hypothesis of stationarity against the alternative of a unit root (1992)Financial Exchange Rates and International Currency Exposures (2010)Out-of-Sample Forecast Tests Robust to the Choice of Window Size (2012)Rare Disasters and Exchange Rates * (2015)The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988 (1991)How Does Foreign Direct Investment Affect Economic Growth? (1995)How does foreign direct investment affect economic growth? (1998)Trade, Finance, Specialization, and Synchronization (2004)Understanding the Evolution of World Business Cycles (2005)The External Wealth of Nations Mark II (2006)Immiserizing Growth: A Geometrical Note (1958)Income and Price Elasticities in World Trade (1969)Foreign Direct Investment, Technological Change, and Economic Growth Within Europe (1997)Global Current Account Imbalances and Exchange Rate Adjustments (2005)The relative sophistication of Chinese exports (2007)Empirical exchange rate models of the seventies (1983)By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)Global Banking Glut and Loan Risk Premium (2012)The Missing Wealth of Nations: Are Europe and the U.S. net Debtors or net Creditors?* (2013)Party Systems and Electoral Volatility in Latin America: A Test of Economic, Institutional, and Structural Explanations (1999)Contesting citizenship in Latin America: the rise of indigenous movements and the postliberal challenge (2006)Latin American Party Systems (2010)Leading Indicators of Currency Crises (1998)The Modern History of Exchange Rate Arrangements: A Reinterpretation (2004)From Financial Crash to Debt Crisis (2011)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1995Economic Reform and the Process of Global Integration4,943 cited
  • 1992Outward-Oriented Developing Economies Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976-19852,153 cited
  • 1996Currency crashes in emerging markets: An empirical treatment1,940 cited
  • 1996Contagious Currency Crises959 cited
  • 1999The External Wealth of Nations Measures of Foreign Assets and Liabilities for Industrial and Developing Countries766 cited
  • 2007International Financial Adjustment636 cited
  • 2004On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects514 cited
  • 1989Differences in income elasticities and trends in real exchange rates475 cited
  • 1996Crisis and Reform in Latin America: From Despair to Hope446 cited
  • 2005International Financial Adjustment439 cited
  • 2011On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects432 cited
  • 2004Flexible exchange rates as shock absorbers426 cited
  • 2004Thirty Years of Current Account Imbalances, Current Account Reversals and Sudden Stops333 cited
  • 1998Trade Elasticities for G-7 Countries329 cited
  • 2007The Unsustainable U.S. Current Account Position Revisited320 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1998Current Account Reversals and Currency Crises: Empirical Regularities307 cited
  • Cited by

    • 2005Portfolio Choice in a Monetary Open-Economy DSGE Model107 cited
    • 2005Current Account Reversals: Always a Problem?102 cited
    • 2006The U.S. Current Account Deficit and the Expected Share of World Output98 cited
    • 2005A Global Perspective on External Positions98 cited
    • n.d.Statistical implications of the new financial landscape97 cited
    • 2007Regional Monetary Integration86 cited
    • 2006The "Great Moderation" and the US External Imbalance84 cited
    • 2009A two-country NATREX model for the euro/dollar70 cited
    • 2005Explaining the Global Pattern of Current Account Imbalances66 cited
    • 2007East Asia and Global Imbalances: Saving, Investment, and Financial Development56 cited
    • 2007Endogenous discounting, the world saving glut and the U.S. current account55 cited
    • 2009The adjustment of global external balances: Does partial exchange-rate pass-through to trade prices matter?52 cited
    • 2014Current account sustainability in Sub-Saharan Africa: Does the exchange rate regime matter?51 cited
    • 2009Globalization and the sustainability of large current account imbalances: Size matters49 cited
    • 2008Equilibrium Portfolios and External Adjustment Under Incomplete Markets46 cited
    • 2012Varieties and the transfer problem43 cited