@techreport{Meurers2007dollar,
abstract = {The empirical analysis in this paper supports the view that the status of the US dollar as a \textquotedblleft{}safe haven\textquotedblright{} is closely related to the development of the US current account and the US net foreign debt. Safe haven purchases of the US dollar can still be recorded in the 1989-2006 period despite the rapid growth of the US current account deficit since the mid-1990s. Possible explanations include the changed structure of US dollar investors, the concept of an implicit US-Asian currency peg and the increased prominence of alleviating valuation changes in the US net foreign position.},
author = {Martin Meurers and Berend Diekmann},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {330; US-Dollar; USA; Zahlungsbilanzungleichgewicht; Leistungsbilanz; Reservew\"{a}hrung},
language = {eng},
number = {25},
title = {The US dollar: Safe haven - Despite rising US current account deficit},
type = {Research notes working paper series},
url = {http://hdl.handle.net/10419/21888},
year = {2007}
}

