Previous | Session Pages | Next
Session 14: Measuring Trade Data: Is the Situation as Bad as it Looks?
2:00-3:15 pm Ballroom A
Some economists have argued that the U.S. current
account isn't really as bad as it looks and that measurement problems cause
the U.S. position to
look worse than it is. This session will focus on measurement issues in the current
account from the perspective of two data producers and one data
consumer.
Sponsored by the NABE Statistics Committee
Session Downloads
Art Ridgeway, Measuring the Current Account: Is the US Situation as Bad as It Looks? (slides)
Ralph Kozlow, Measuring the US Current Account (slides)
Robert Sinche -- The US Current Account, A Practitioner's View (slides)
Links of Interest
BEA International Accounts data
Statistics Canada International Trade data
Speakers
Maurine Haver
Haver Analytics
NABE
Statistics Committee Chair
presiding
Ralph H. Kozlow
Associate Director for International Economics
Bureau of Economic Analysis
Ralph H. Kozlow is the Associate Director for International Economics at the Bureau of Economic Analysis (BEA), where he oversees its international economics programs. Previous positions at BEA include chief of the National Income and Wealth Division (responsible for producing the National Income and Product Accounts and GDP estimates) and of the International Investment Division’s Special Surveys Branch (responsible for conducting most of BEA’s surveys of international services transactions). He holds an MBA degree from The American University.
Art Ridgeway
Statistics Canada
Robert Sinche
Managing Director
Bank of America
Robert Sinche joined Bank of America in August 2004 as Managing director and Head of Global Currency Research and Strategy. In this role he directs a team that is responsible for currency research and strategy for developed and developing countries.
Prior to joining Bank of America, Bob was Managing Director and Head of Global Currency Strategy at Citigroup. In the most recent Euromoney survey (2004) of foreign exchange participants, Citigroup foreign exchange research was the top ranked firm in all of the eight research categories in the survey.
Before joining Citigroup in 1998 Bob directed global fixed income teams at a number of asset management firms. From 1996 – 1996 he was Managing Director – Global Fixed Income at Prudential Investments. From 1988 – 1995 Bob directed the global fixed income unit at Alliance Capital Management, with direct responsibility for managing portfolios for institutional investors, Central Banks and mutual funds. In addition, he was responsible for all aspects of the global fixed income investment business, including investment process design and implementation and client contact. From 1995 – 1998 Bob directed the global fixed income investment unit at Simms Capital Management.
Mr. Sinche began his career as an economist at Paine Webber (1976 – 79), analyzing economic developments as they impacted fixed income markets. He joined Bear Stearns in 1979 as a financial market economist, becoming Chief Economist in 1981. In this role he also was responsible for fixed income strategy and co-authored the firm’s equity strategy publications.
Bob holds a BA in Economics (Phi Beta Kappa) from Hamilton College and an MA in Economics from Brown University.
