Accueil / Enseignement / Dauphine : Séminaire / Les déséquilibres mondiaux de paiements courants (séminaire 2006-2007)

Références

Ressources

Current Account Sustainability website of the University of Wisconsin-Madison

Etats-Unis
-  US Bureau of Economic Analysis (données macroéconomiques)
-  Flow of Funds (données sur les stocks financiers)

FMI :
-  Base de données du World Economic Outlook
-  COFER, données sur la composition des réserves de change

Philip Lane et Gianmaria Milesi-Ferretti : The External Wealth of Nations

Roubini Global Economics

Note de Brad Setser sur les données en matière de réserves de changes

Références

Bernanke, Ben (2005) "The Global Saving Glut and the U.S. Current Account Deficit", Homer Jones Lecture, St. Louis, Missouri, avril.

Blanchard, Olivier, Francesco Giavazzi and Filippa Sa (2005), "The US Current Account Deficit and the Dollar", mimeo

Caballero, Ricardo (2006) “On the Macroeconomics of Assets Shortages”, NBER Working Paper n°12753

Caballero, Ricardo, Emmanuel Fahri et Pierre-Olivier Gourinchas (2006), "An Equilibrium Model of Global Imbalances and Low Interest Rates", mimeo.

Cavallo, Michele, et Cédric Tille (2006) "Could capital gains smooth a current account rebalancing ?", Federal Reserve Bank of San Francisco Working Paper n° 2006-03

Cheung, Yin-Wong, Menzie Chin and Eiji Fujii (2007), “The Overvaluation of Renmimbi Undervaluation”, NBER Working Paper n° 12850

Chinn, Menzie, and Hiro Ito (2006), "Current Account Balances, Financial Development and Institutions : Assaying the World “Saving Glut”", mimeo

Cooper, Richard (2006), "Understanding Global Imbalances", mimeo.

Corsetti, Giancarlo (2006), “Global Imbalances”, in CESifo EEAG Report, Chapter 2

Curcuru, Stephanie, Tomas Dvorak and Francis Warnock (2007), "The Stability of Large External Imbalances : The Role of Retrun Differentials", mimeo.

Dollar, David, and Aart Kray (2005), “Neither a borrower nor a lender : does China’s zero net foreign asset position make economic sense ?”, World Bank Policy Research Working Paper n°3801

Dooley, Michael, Peter Garber, and David Folkerts-Landau (2003), "An Essay on the Revived Bretton Woods System", NBER Working Paper n°9971. Autre version

Dooley, Michael, Peter Garber, and David Folkerts-Landau (2004), "Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery", NBER Working Paper n°10626

Engel, Charles, and Richard Rogers (2006), "he U.S. Current Account Deficit and the Expected Share of World Output", NBER Working Paper n° 11921

Erceg, Christopher, J. Guerrieri et C. Gust (2005) "Expansionary Fiscal Shocks and the Current Account", Federal Reserve Bank of New York, International Finance Discussion Papers n° 825, January.

Fehr, Hans, Sabine Jokish et Laurence Kotlikoff, “Will China Eat Our Lunch or Take Us Out to Dinner ? Simulating the Transition Paths of the U.S., EU, Japan, and China”, NBER Working Paper n°11668

Ferguson, Roger (2005), "U.S. Current Account Deficit : Causes and Consequences", Remarks to the Economics Club of the University of North Carolina at Chapel Hill

Gourinchas, Pierre-Olivier, et Hélène Rey (2005), « From World Banker to World Venture Capitalist : External Adjustment and the Exorbitant Privilege », forthcoming in Richard Clarida, ed, G7 Current Account Imbalances : Sustainability and Adjustment, The University of Chicago Press, 2006. Mimeo version

Gourinchas, Pierre-Olivier, et Hélène Rey (2006), « International Financial Ajustement », mimeo

Hausmann, Ricardo, et Federico Sturzenegger (2006), "Global Imbalances or Bad Accounting ? The Missing Dark Matter in the Wealth of Nations", Harvard CID Working Paper No. 124, January 2006

Kose, M. Ayhan, Eswar Prasad, Kenneth Rogoff, Shang-Jin Wei (2006), “Financial Globalisation : A Reappraisal”, IMF Working Paper and NBER Working Paper n° 12484

Kraay, Art, Norman Loayza, Luis Servén and Jaume Ventura (2005), "Country Portfolios , Journal of the European Economic Association, June.

Krugman, Paul (2006), "Will There Be a Dollar Crisis ?, Economic Policy, forthcoming.

Lucas, Robert (1990), “Why Does’nt Capital Flow from Rich to Poor Countries ?”, American Economic Review vol. 80 n°2, May.

Mendoza, Enrique, Vincenzo Quadrini, and Jose-Victor Rios-Rull, "Financial Integration, Financial Deepness and Global Imbalances", NBER Working Paper n° 12909, February.

Obstfeld, Maurice, and Kenneth Rogoff (2005), “The Unsustainable US Current Account Position Revisited”, forthcoming in Richard Clarida (ed.), G7 Current Account Imbalances : Sustainability and Adjustment, University of Chicago Press, 2006. Mimeo version

Rodrik, Dani, “The Social Cost of Foreign Exchange Reserves”, NBER Working Paper n° 11952

Rose, Andrew (2006), “A Stable International Monetary System Emerges : Inflation Targeting is Bretton Woods, Reversed, NBER Working Paper n° 12711

Tille, Cédric (2005), "Financial Integration and the Wealth Effect of Exchange Rate Fluctuations", Federal Reserve Bank of New York Staff Reports, no. 226

Truman, Edwin (2004), "Budget and External Deficits : Not Twins but the Same Family", Paper prepared for the Federal Reserve Bank of Boston Annual Research Conference.

Ventura, Jaume (2003) "Towards a Theory of Current Accounts", The World Economy, April.