Search Results

Showing results 1 to 10 of approximately 29.

(refine search)
SORT BY: PREVIOUS / NEXT
Author:Hooper, Peter 

Working Paper
The current account of the United States, Japan, and Germany : a cyclical analysis

International Finance Discussion Papers , Paper 236

Working Paper
Exchange rates, prices, and external adjustment in the United States and Japan

This paper studies the responsiveness of external balances--trade volumes and prices--to changes in exchange rates. Our objectives are twofold: to provide an analytical review of the literature in this area and to assess the influence of exchange rate movements on external adjustment in the two countries whose external imbalances have dominated all others over the past decade, the United States and Japan. ; We find that the conventional partial-equilibrium model of the trade balance has performed generally quite well in predicting the path of the U.S. and Japanese external balance over the ...
International Finance Discussion Papers , Paper 456

Working Paper
The strength of U.S. machinery exports in 1975: an analysis of price competitiveness and special demand factors

International Finance Discussion Papers , Paper 78

Working Paper
U.S. external adjustment: progress and prospects

This paper presents an empirical analysis of the progress in U.S. external adjustment through 1988 and prospects for continued adjustment over the years ahead. Our analysis, based in part on a partial-equilibrium model of the U.S. current account, suggests that adjustment was slower than "expected" during 1986-87, and faster than expected during the first half of 1988. The model was about "on track" in the second quarter of 1988, but did not anticipate the drop off in the trade balance in the second half of the year. We consider various model extrapolations of the U.S. external ...
International Finance Discussion Papers , Paper 345

Working Paper
The U.S. external deficit: its causes and persistence

This paper presents an empirical analysis of the macroeconomic and microeconomic factors underlying the causes and persistence of the U.S. external deficit in the 1980s. The paper begins with a review of the extensive literature on this subject, and then outlines an analytical framework that synthesizes several different approaches taken in previous studies. The proximate causes of the deficit are assessed using a partial-equilibrium model of the U.S. current account. We find that the decline in U.S. price competitiveness associated with the appreciation of the dollar over the first half of ...
International Finance Discussion Papers , Paper 316

Working Paper
The effect of exchange rate uncertainty on the prices and volume of international trade

International Finance Discussion Papers , Paper 91

Working Paper
Fluctuations in the dollar: a model of nominal and real exchange rate determination

International Finance Discussion Papers , Paper 168

Working Paper
Alternative approaches to general equilibrium modeling of exchange rates and capital flows: the MCM experience

International Finance Discussion Papers , Paper 213

Working Paper
International comparisons of labor costs in manufacturing

This paper presents a comparative study of the level of unit labor costs in the manufacturing sectors of several countries. The paper begins by surveying earlier estimates of relative productivity and unit labor cost levels and evaluating the various methodologies that have been used in previous studies. Empirical estimates of the levels of foreign unit labor costs in dollars are derived based on labor compensation translated into dollars at nominal exchange rates and labor productivity translated into dollars at purchasing power parity exchange rates. These estimates are compared with ...
International Finance Discussion Papers , Paper 330

FILTER BY year

FILTER BY Content Type

FILTER BY Author

PREVIOUS / NEXT