After the crisis : lower consumption growth but narrower global imbalances? /
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| Author / Creator: | Mody, Ashoka, author. |
|---|---|
| Imprint: | [Washington, D.C.] : International Monetary Fund, [2010], ©2009. |
| Description: | 1 online resource (31 pages) : color illustrations |
| Language: | English |
| Series: | IMF working paper ; WP/10/11 IMF working paper ; WP/10/11. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12499623 |
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| 100 | 1 | |a Mody, Ashoka, |e author. | |
| 245 | 1 | 0 | |a After the crisis : |b lower consumption growth but narrower global imbalances? / |c prepared by Ashoka Mody and Franziska Ohnsorge. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c [2010], ©2009. | ||
| 300 | |a 1 online resource (31 pages) : |b color illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper ; |v WP/10/11 | |
| 500 | |a At head of title: European Department. | ||
| 500 | |a "January 2010." | ||
| 504 | |a Includes bibliographical references (pages 16-17). | ||
| 520 | 3 | |a We estimate consumption dynamics in the G-7 economies, paying particular attention to the possibility of precautionary behavior in the face of uncertainty. We find that in the short run, continued income uncertainty will significantly dampen consumption growth. As such, consumption in the G-7 economies is unlikely to be the engine that revives global growth. Differences in the pace and timing of consumption moderation have implications for the evolution of global imbalances. With the U.S. experiencing a sharper rise in unemployment and, perhaps, more widespread loss of financial wealth than elsewhere in the G-7, the relative rise of the U.S. savings rate is helping narrow global imbalances. But with a likely earlier recovery in the U.S., this narrowing could be short-lived. Moreover, long-term differences- in economic and financial volatility and in demographic structures-have been an important source of the imbalances and could soon reassert their prominence. | |
| 588 | 0 | |a Print version record. | |
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2011. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2011 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 650 | 0 | |a Consumption (Economics) |z Developed countries |x Econometric models. | |
| 650 | 0 | |a Balance of payments |z Developed countries |x Econometric models. | |
| 650 | 6 | |a Balance des paiements |z Pays industrialisés |x Modèles économétriques. | |
| 650 | 7 | |a Balance of payments |x Econometric models. |2 fast |0 (OCoLC)fst00825676 | |
| 650 | 7 | |a Consumption (Economics) |x Econometric models. |2 fast |0 (OCoLC)fst00876457 | |
| 651 | 7 | |a Developed countries. |2 fast |0 (OCoLC)fst01294462 | |
| 655 | 4 | |a Electronic books. | |
| 700 | 1 | |a Ohnsorge, Franziska, |e author. | |
| 710 | 2 | |a International Monetary Fund. |b European Department, |e issuing body. | |
| 776 | 0 | 8 | |i Print version: |a Mody, Ashoka. |t After the crisis. |d [Washington, D.C.] : International Monetary Fund, [2010], ©2009 |w (OCoLC)502034871 |
| 830 | 0 | |a IMF working paper ; |v WP/10/11. | |
| 856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2010/011/001.2010.issue-011-en.xml |y INTERNATIONAL MONETARY FUND |
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| 928 | |t Library of Congress classification |a HG3810 |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2010/011/001.2010.issue-011-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12143749 | ||