United States : Selected Issues

1USAEA2007002 Image
Price:  $18.00

Release Date: © August, 2007
ISBN : 978-1-45183-969-2
Stock #: 1USAEA2007002
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
PDFYes
ePubYes
MobipocketYes

Description

The size and sources of international spillovers of activity remain subject to significant uncertainty. This Selected Issues paper uses a new approach to differentiating these effects using disturbances to a diverse group of small industrial countries as a proxy for global shocks. The results from the baseline vector autoregressions suggest that shocks to the United States are significant for foreign activity. The paper also evaluates alternative explanations for the easy financing of the U.S. current account deficit in recent years.

Taxonomy

Balance of payments , Bank regulations , Banks and banking , Current account , Economic cooperation , Financial institutions and markets , Globalization




More publications in this series: IMF Staff Country Reports