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An Equilibrium Model of Global Imbalances and Low Interest Rates
8 references·16 citing·49 second hop
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(1936)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Credit Rationing in Markets with Imperfect Information (1981)Credit Supply and House Prices: Evidence from Mortgage Market Segmentation (2012)The Cost of Financial Frictions for Life Insurers (2015)The I Theory of Money (2016)From World Banker to World Venture Capitalist: US External Adjustment and the Exorbitant Privilege (2005)International Reserves: Precautionary Versus Mercantilist Views, Theory and Evidence (2007)The Missing Wealth of Nations: Are Europe and the U.S. net Debtors or net Creditors?* (2013)Exchange Rate Pass-Through, Exchange Rate Volatility, and Exchange Rate Disconnect (2002)Optimal Currency Areas (2002)Information costs and home bias: an analysis of US holdings of foreign equities (2004)
this work references cited by second hop

References

  • 1994New product varieties and the measurement of international prices1,269 cited
  • 2000The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?1,182 cited
  • 2003An Essay on the Revived Bretton Woods System734 cited
  • 1989Commodity Trade and International Risk Sharing: How Much Do Financial Markets Matter?648 cited
  • n.d.G7 Current Account Imbalances: Sustainability and Adjustment298 cited
  • 2006Bubbles and capital flow volatility: Causes and risk management252 cited
  • 2005International Investors, the U.S. Current Account, and the Dollar243 cited
  • 2005A Global Perspective on External Positions235 cited

Cited by

  • 2012Macroeconomics with Financial Frictions: A Survey318 cited
  • 2009Financial Globalization and Economic Policies212 cited
  • 2008Financial Crash, Commodity Prices and Global Imbalances211 cited
  • 2007Capital Flows to Developing Countries: The Allocation Puzzle203 cited
  • 2006On the Macroeconomics of Asset Shortages194 cited
  • 2014The International Monetary and Financial System: Its Achilles Heel and What to do about it177 cited
  • 2018International Currencies and Capital Allocation

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177 cited
  • 2009The global credit boom: Challenges for macroeconomics and policy156 cited
  • 2007Current Account Deficits in Rich Countries130 cited
  • 2020Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens127 cited
  • 2024Essays in International Finance122 cited
  • 2014The Safety Trap121 cited
  • 2007The Demand for Treasury Debt119 cited
  • 2012International Capital Flows and House Prices: Theory and Evidence113 cited
  • 2010The "Other" Imbalance and the Financial Crisis102 cited
  • 2006The U.S. Current Account Deficit and the Expected Share of World Output98 cited