Chapter 2: How much real dollar depreciation is needed to correct global imbalances?
Lars Calmfors,
Giancarlo Corsetti,
Michael Devereux,
Gilles Saint-Paul,
Hans-Werner Sinn,
Jan-Egbert Sturm and
Xavier Vives
EEAG Report on the European Economy, 2008, 61-70
Abstract:
A crucial issue for macro developments in Europe is how large and persistent the depreciation of the US dollar against the euro will be. This chapter offers an in-depth analysis of this.
Date: 2008
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