Conference Paper
Interest rates, exchange rates and international adjustment
Folkerts-Landau, David; Dooley, Michael P.; Garber, Peter M. (2006)
It is generally accepted that adjustment must occur to ultimately remove the imbalances from the international monetary system. The dispute has been between a view that the system will end abruptly and soon and a view that is will last for years more with a smooth adjustment in interest rates and exchange rates. Here, we presume that the basic system that has dominated at least the last five years will continue for years more, while converging to a sustainable equilibrium. With this system as a background, we examine the behavior of interest rates and exchange rates following a variety of ...
Conference Series ; [Proceedings] , Volume 51

Conference Paper
An essay on the revived Bretton Woods system
Folkerts-Landau, David; Dooley, Michael P.; Garber, Peter M. (2005-02)
Proceedings , Issue Feb

Conference Paper
Direct investment, rising real wages and the absorption of excess labor in the periphery
Folkerts-Landau, David; Dooley, Michael P.; Garber, Peter M. (2005-02)
Proceedings , Issue Feb