Insights on how global current account imbalances might be resolved
Category Archives: exchange rates
New Research on the Sources of Current Account Deficits
Some excerpts from a recent conference on Current Account Sustainability in Major Advanced Economies
Is the Renminbi (Rmb) undervalued in price terms? Does it matter if it is?
With the visit of President Hu to the United States, Chinese currency misalignment is at the top of the agenda. What is “misalignment”?
Trends in Dollar Reserves
Latest data
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.
Some views on the dollar’s trajectory
Judgment, theory and correlations in exchange rate modeling.
Open Economy Macro in the 2006 Economic Report of the President
Beryl Sprinkel meets Ben Bernanke
December 2005 trade figures and implications
The trade deficit (total and ex-oil) widens again.
The 2005q4 GDP report and the trade balance
Little sign of the reversal in the trade deficit.