Long-run growth expectations and "global imbalances":
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Frankfurt am Main
Dt. Bundesbank
2011
|
| Series: | Discussion paper / Deutsche Bundesbank : Series 1, economic studies
2011,1 |
| Subjects: | |
| Online Access: | Volltext Inhaltsverzeichnis |
| Item Description: | Auch im Internet verfügbar. - Zsfassung in dt. Sprache |
| Physical Description: | 39 S. graph. Darst. |
| ISBN: | 9783865586827 9783865586834 |
Staff View
MARC
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Record in the Search Index
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| adam_text | Titel: Long-run growth expectations and global imbalances
Autor: Hoffmann, Mathias
Jahr: 2011
Contents
1 Introduction 1
2 The evolution of long-run growth expectations and world interest rates 5
3 The Model 8
3.1 Setup....................................... 8
3.2 Stationary equilibrium conditions....................... 11
3.3 Extracting the perceived trend growth rate.................. 13
3.4 Calibrating the remainder of the model.................... 16
4 Simulating trend growth expectations and the U.S. current account 17
4.1 Impulse responses to a growth rate shock................... 18
4.2 Historical simulation of the U.S. current account............... 19
4.3 The role of trend growth and the savings glut hypothesis.......... 22
5 Extensions 24
5.1 A different measure of productivity...................... 24
5.2 News and trend growth expectations..................... 25
6 Conclusions 29
|
| any_adam_object | 1 |
| author | Hoffmann, Mathias Krause, Michael Laubach, Thomas 1965-2020 |
| author_GND | (DE-588)129670928 (DE-588)128701552 |
| author_facet | Hoffmann, Mathias Krause, Michael Laubach, Thomas 1965-2020 |
| author_role | aut aut aut |
| author_sort | Hoffmann, Mathias |
| author_variant | m h mh m k mk t l tl |
| building | Verbundindex |
| bvnumber | BV037249902 |
| classification_rvk | QB 910 QM 300 |
| collection | ebook |
| ctrlnum | (OCoLC)706070016 (DE-599)BVBBV037249902 |
| discipline | Wirtschaftswissenschaften |
| format | Book |
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| geographic_facet | USA |
| id | DE-604.BV037249902 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T22:54:26Z |
| institution | BVB |
| isbn | 9783865586827 9783865586834 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-021163240 |
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| physical | 39 S. graph. Darst. |
| psigel | ebook |
| publishDate | 2011 |
| publishDateSearch | 2011 |
| publishDateSort | 2011 |
| publisher | Dt. Bundesbank |
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| series2 | Discussion paper / Deutsche Bundesbank : Series 1, economic studies |
| spelling | Hoffmann, Mathias Verfasser (DE-588)129670928 aut Long-run growth expectations and "global imbalances" Mathias Hoffmann ; Michael Krause ; Thomas Laubach Frankfurt am Main Dt. Bundesbank 2011 39 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Discussion paper / Deutsche Bundesbank : Series 1, economic studies 2011,1 Auch im Internet verfügbar. - Zsfassung in dt. Sprache Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Leistungsbilanzdefizit (DE-588)4248723-7 gnd rswk-swf Zukunftserwartung (DE-588)4191125-8 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Wirtschaftswachstum (DE-588)4066527-6 s Zukunftserwartung (DE-588)4191125-8 s Leistungsbilanzdefizit (DE-588)4248723-7 s b DE-604 Krause, Michael Verfasser aut Laubach, Thomas 1965-2020 Verfasser (DE-588)128701552 aut Deutsche Bundesbank Discussion paper Series 1, economic studies ; 2011,1 (DE-604)BV017594637 2011,1 http://hdl.handle.net/10419/44959 Verlag kostenfrei Volltext HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021163240&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Hoffmann, Mathias Krause, Michael Laubach, Thomas 1965-2020 Long-run growth expectations and "global imbalances" Wirtschaftswachstum (DE-588)4066527-6 gnd Leistungsbilanzdefizit (DE-588)4248723-7 gnd Zukunftserwartung (DE-588)4191125-8 gnd |
| subject_GND | (DE-588)4066527-6 (DE-588)4248723-7 (DE-588)4191125-8 (DE-588)4078704-7 |
| title | Long-run growth expectations and "global imbalances" |
| title_auth | Long-run growth expectations and "global imbalances" |
| title_exact_search | Long-run growth expectations and "global imbalances" |
| title_full | Long-run growth expectations and "global imbalances" Mathias Hoffmann ; Michael Krause ; Thomas Laubach |
| title_fullStr | Long-run growth expectations and "global imbalances" Mathias Hoffmann ; Michael Krause ; Thomas Laubach |
| title_full_unstemmed | Long-run growth expectations and "global imbalances" Mathias Hoffmann ; Michael Krause ; Thomas Laubach |
| title_short | Long-run growth expectations and "global imbalances" |
| title_sort | long run growth expectations and global imbalances |
| topic | Wirtschaftswachstum (DE-588)4066527-6 gnd Leistungsbilanzdefizit (DE-588)4248723-7 gnd Zukunftserwartung (DE-588)4191125-8 gnd |
| topic_facet | Wirtschaftswachstum Leistungsbilanzdefizit Zukunftserwartung USA |
| url | http://hdl.handle.net/10419/44959 http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021163240&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV017594637 |
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