Conference Paper
Financial innovation, deregulation, and monetary policy: the foreign experience
Johnson, Karen H.; Howard, David H. (1982-11)
Proceedings , Issue Nov , Pages 139-215

Working Paper
The United States as a heavily indebted country
Howard, David H. (1989)
According to data published by the Department of Commerce, the U.S. net international investment position (roughly the net external debt position with its sign reversed) at the end of 1987 was a negative $368 billion. This sum represents a deterioration of about $100 billion from the end-1986 level. The sharp downward plunge in the United States' net international investment position in recent years is, of course, a reflection of the large current account deficits recorded during most of the 1980s. In this paper, the U.S. net external debt position is examined and compared with the experience ...
International Finance Discussion Papers , Paper 353

Working Paper
Inflation, indexation, and the oil-price shock: the British experience
Howard, David H. (1981)
International Finance Discussion Papers , Paper 185

Working Paper
Implications of the U.S. current account deficit
Howard, David H. (1989)
In 1988, the United States recorded a current account deficit of about $135 billion. The consensus forecast seems to be for little change in the current account in the near term. In this paper, the implications of the U.S. current account deficit and of the consequent buildup in U.S. external debt are examined. The analytical framework for thinking about the U.S. current account is first surveyed, and the results from the empirical literature on the causes of the deficits in the 1980s are then reported. The sustainability of the U.S. external position is discussed next. It is concluded that, ...
International Finance Discussion Papers , Paper 350

Working Paper
Purchasing power parity and real after tax interest rate arbitrage
Johnson, Karen H.; Howard, David H. (1983)
International Finance Discussion Papers , Paper 222

Working Paper
Domestic saving, current accounts, and international capital mobility
Caprio, Gerard; Howard, David H. (1983)
International Finance Discussion Papers , Paper 244

Working Paper
Personal saving behavior in five major industrialized countries
Howard, David H. (1976)
International Finance Discussion Papers , Paper 90

Working Paper
Monetary correction and interest rates
Maroni, Yves; Howard, David H. (1975)
International Finance Discussion Papers , Paper 68

Working Paper
The real rate of interest on international financial markets
Howard, David H. (1979)
International Finance Discussion Papers , Paper 136

Working Paper
International economic implications of the end of the Soviet Union
Howard, David H.; Helkie, William L.; Marquez, Jaime R. (1994)
This paper quantifies roughly some potential economic developments in the former Soviet Union (FSU), if substantive economic reforms go forward, and assesses the likely implications of these developments for the rest of the world. It is assumed that a move to world prices for energy and other economic reforms result in a significant increase in FSU net oil exports. This paper develops and analyzes several alternative scenarios, including cases in which the FSU is specified to cooperate with OPEC. The simulations reported in this paper indicate that the FSU countries would be major ...
International Finance Discussion Papers , Paper 470