NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Global Imbalances and Structural Change in the United States

Timothy J. Kehoe, Kim J. Ruhl, Joseph B. Steinberg

NBER Working Paper No. 19339
Issued in August 2013

---- Acknowledgements -----

We thank David Backus, Kei-Mu Yi, and Frank Warnock for helpful discussions. Participants at conferences and seminars made useful comments and suggestions. Kehoe and Ruhl gratefully acknowledge the support of the National Science Foundation under grant SES-0962993. We are grateful to Jack Rossbach for extraordinary research assistance. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research. The data used here are available at http://www.econ.umn.edu/~tkehoe.

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