UK External Imbalances and the Sterling: Are they on a Sustainable Path?

An updated version of Krugman’s 1993 MMF framework is used to consider the implications of buoyant domestic demand for the real exchange rate and debt dynamics. The updating includes a Taylor rule for monetary policy and explicit treatment of external assets and liabilities. In response to an exogen...

Full description

Bibliographic details

Volume:	18
Main Author:	Iliopulos, Eleni Miller, Marcus
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	Boston Springer US 01.11.2007 SPRINGER Springer Springer Verlag
published in:	Open economies review Vol. 18; no. 5; pp. 539 - 557
Data of publication:	20071100
ISSN:	0923-7992 1573-708X
EISSN:	1573-708X
Discipline:	Economics Business
Subjects:	F41 Open economy F32 Development Economics F31 International macroeconomics International Economics Debt dynamics Real exchange rate dynamics Economics / Management Science Economics Business & Economics Social Sciences Prices and rates Macroeconomics International aspects External debts Analysis Foreign exchange Economics and Finance Humanities and Social Sciences United Kingdom real exchange rate dynamics open economy international macroeconomics debt dynamics International macroeconomics Open economy Debt dynamics Real exchange rate dynamics
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2007 Web of Knowledge Web of Science CrossRef Academic OneFile (A&I only) Hyper Article en Ligne (HAL) HAL-SHS: Archive ouverte en Sciences de l'Homme et de la Société Database information Databases - DBIS