Budget deficits and the current account

Expectations and Exchange Rate Dynamics

1976 • 4,751 citations

Interest rates and currency prices in a two-country world

1982 • 1,337 citations

The Terms of Trade and the Current Account: The Harberger-Laursen-Metzler Effect

1983 • 550 citations

Economic interdependence and flexible exchange rates

1984 • 294 citations

A Transactions-Based Model of the Monetary Transmission Mechanism

1982 • 281 citations

An Exploration in the Theory of Exchange-Rate Regimes

1981 • 280 citations

A Monetary Equilibrium Model with Transactions Costs

1984 • 244 citations

Real Interest Rates, Home Goods, and Optimal External Borrowing

1983 • 223 citations

Macroeconomic Policy, Exchange-Rate Dynamics, and Optimal Asset Accumulation

1981 • 166 citations

The Current Account in the Macroeconomic Adjustment Process

1982 • 157 citations

Currency prices, terms of trade, and interest rates: A general equilibrium asset-pricing cash-in-advance approach

1985 • 153 citations

Toward a Reconstruction of Keynesian Economics: Expectations and Constrained Equilibria

1983 • 108 citations

Currency distribution and forward cover in foreign trade

1976 • 76 citations

Dynamics of a Floating Exchange Rate Regime

1982 • 76 citations

A Comparison of Exchange Rate Regimes in the Presence of Imperfect Capital Markets

1982 • 74 citations

Disequilibrium Macroeconomics in Open Economies.

1985 • 72 citations

The role of saving and investment in exchange rate determination under alternative monetary mechanisms

1984 • 59 citations

Real Exchange Rate Effects of Fiscal Policy

1984 • 45 citations

Government Deficits, Private Investment and the Current Account: An Intertemporal Disequilibrium Analysis

1987 • 42 citations

Oil Price Shocks, Unemployment, Investment and the Current Account: An Intertemporal Disequilibrium Analysis

1985 • 35 citations

Budget Deficits and the Current Account in the Presence of Classical Unemployment

1986 • 27 citations

Expansionary Fiscal Policy and the Exchange Rate: A Review (Politique budgetaire expansionniste et taux de change: une analyse) (Politicas fiscales expansionistas y el tipo de cambio: un examen de la cuestion)

1983 • 24 citations

Is Optimism Good in a Keynesian Economy?

1983 • 23 citations

The Economic Consequences of the Franc Poincare

1986 • 18 citations

A theory of current account and exchange rate determinations

1983 • 14 citations

Global Effects of National Stabilization Policies under Fixed and Floating Exchange Rates

1983 • 12 citations

Global Effects of National Stabilization Policies under Fixed and Floating Exchange Rates

1982 • 11 citations

Government Deficits, Private Investment and the Current Account: An Intertemporal Disequilibrium Analysis

1986 • 2 citations