Why is Secretary Snow such a perennial target?
Author Archives: Menzie Chinn
Trends in Dollar Reserves
Latest data
The Full Employment Budget Surplus
The CBO’s latest estimates
Chinese revaluation
What would be the important effects?
The dollar and purchasing power parity
In my post on the dollar’s trajectory, one person asked about purchasing power parity (PPP). Here is a brief discussion of the relevance of this concept to exchange rate forecasts.
Postscript to “Critique of Pure Dark Matter”
Mixed news for 4th quarter net income in the current account release
Where are the financial crises?
Some other possible consequences of monetary tightening.
Some views on the dollar’s trajectory
Judgment, theory and correlations in exchange rate modeling.
The downward march of the trade balance
Some context for the the latest trade deficit numbers
Do (budget) deficits matter?
Thinking about what happens to interest rates when foreign capital inflows slow