Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
968184 | Journal of Policy Modeling | 2007 | 5 Pages |
Abstract
An eventual adjustment of the outsized US current account deficit is likely to have significant impact on global exchange rates unless it occurs only over a very long period. Policy responses aimed at reducing the risk of a recession are warranted, but they will not necessarily avoid the exchange rate adjustment.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kenneth Rogoff,