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Sustainability of external imbalances = a critical appraisal /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Sustainability of external imbalances/ by Angelique Herzberg.
Reminder of title:	a critical appraisal /
Author:	Herzberg, Angelique.
Published:	Wiesbaden :Springer Fachmedien Wiesbaden : : 2015.,
Description:	xi, 329 p. :ill., digital ; : 24 cm.;
Contained By:	Springer eBooks
Subject:	Macroeconomics. -
Online resource:	http://dx.doi.org/10.1007/978-3-658-07091-5
ISBN:	9783658070915 (electronic bk.)

Sustainability of external imbalances = a critical appraisal /
Herzberg, Angelique.

Sustainability of external imbalancesa critical appraisal /[electronic resource] :by Angelique Herzberg. - Wiesbaden :Springer Fachmedien Wiesbaden :2015. - xi, 329 p. :ill., digital ;24 cm.

Since the mid-1990s, sustainability of large and persistent current account positions have been attracting much attention from policy makers and economists alike. Alongside global imbalances, sustainability of imbalances within the euro area, which started widening shortly after the introduction of the euro, raised much concern. While there exists a large body of theoretical and empirical literature on sustainability of external imbalances, a systematic survey has been lacking so far. Angelique Herzberg fills this gap by examining a broad range of established sustainability measures concerning their applicability to the various global and intra-euro imbalances of the recent past. Furthermore, the author examines the existence of feedback effects from an economy's net international investment position to its trade balance. Contents Empirical Studies on the Validity of the Intertemporal Budget Constraint Dynamic Benchmarks of External Sustainability Targets Teachers and Students of Economics and Business Economic Policy Advisors The Author Angelique Herzberg obtained a PhD in Economics in 2013 from Heinrich-Heine-University, Dusseldorf. Her areas of specialization are international macroeconomics and finance.

ISBN: 9783658070915 (electronic bk.)

Standard No.: 10.1007/978-3-658-07091-5doiSubjects--Topical Terms:

554837
Macroeconomics.

LC Class. No.: HB172.5

Dewey Class. No.: 339.2

Sustainability of external imbalances = a critical appraisal /
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520 $a Since the mid-1990s, sustainability of large and persistent current account positions have been attracting much attention from policy makers and economists alike. Alongside global imbalances, sustainability of imbalances within the euro area, which started widening shortly after the introduction of the euro, raised much concern. While there exists a large body of theoretical and empirical literature on sustainability of external imbalances, a systematic survey has been lacking so far. Angelique Herzberg fills this gap by examining a broad range of established sustainability measures concerning their applicability to the various global and intra-euro imbalances of the recent past. Furthermore, the author examines the existence of feedback effects from an economy's net international investment position to its trade balance. Contents Empirical Studies on the Validity of the Intertemporal Budget Constraint Dynamic Benchmarks of External Sustainability Targets Teachers and Students of Economics and Business Economic Policy Advisors The Author Angelique Herzberg obtained a PhD in Economics in 2013 from Heinrich-Heine-University, Dusseldorf. Her areas of specialization are international macroeconomics and finance.
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