Current Account Deficits in Industrial Countries: The Bigger They Are, The Harder They Fall?
Published Date
Copyright 2007
ISBN 9780226107264
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Copy CitationCaroline Freund and Frank Warnock, G7 Current Account Imbalances: Sustainability and Adjustment (University of Chicago Press, 2007), chap. 4, https://www.nber.org/books-and-chapters/g7-current-account-imbalances-sustainability-and-adjustment/current-account-deficits-industrial-countries-bigger-they-are-harder-they-fall.
Published From Paper
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Working Paper
There are a number of worrisome features of the U.S. current account deficit. In particular, its size and persistence...