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Sustainability of Persistent Current Account Deficits [PDF]

open access: possible, 1996
This paper puts forward a notion of current account sustainability that explicitly takes into account willingness to pay and willingness to lend in addition to intertemporal solvency. It argues that this notion of sustainability provides a better framework for understanding the variety of country experiences with protracted current account imbalances ...
Gian Maria Milesi-Ferrett, Assaf Razin
openaire  

THE CURRENT ACCOUNT DEFICIT AND THE $A

Economic Papers: A journal of applied economics and policy, 1987
openaire   +1 more source

Are current account deficits sustainable?

Economics Letters, 2001
Jyh-Lin Wu, Show-Lin Chen, Hsiu-Yun Lee
openaire   +1 more source

Budget deficits and the current account

Journal of International Economics, 1986
John T. Cuddington, Jose M. Vinals
openaire   +1 more source

The U.S. Current Account Deficit

2016
Laura Alfaro, Rafael Di Tella
openaire   +1 more source

Twin deficit or twin divergence? Fiscal policy, current account, and real exchange rate in the U.S.

Journal of International Economics, 2008
Soyoung Kim, Nouriel Roubini
exaly  

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