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On Current Account Imbalances

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Intereconomics

Abstract

Over the years, low wage and price increases in Germany amounted to a currency devaluation in real terms against the other eurozone countries and led to a continuous improvement in the German economy’s price competitiveness relative to its fellow eurozone members.

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Authors and Affiliations

  1. Macroeconomic Policy Institute (IMK), Hans-Böckler-Straße 39, 40476, Dusseldorf, Germany

    Gustav A. Horn

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  1. Gustav A. Horn
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Correspondence to Gustav A. Horn.

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Gustav A. Horn, Macroeconomic Policy Institute (IMK), Dusseldorf, Germany.

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Horn, G.A. On Current Account Imbalances. Intereconomics 53, 155–158 (2018). https://doi.org/10.1007/s10272-018-0739-2

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  • DOI: https://doi.org/10.1007/s10272-018-0739-2

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