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Sustainability of Persistent Current Account Deficits [PDF]
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
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THE CURRENT ACCOUNT DEFICIT AND THE $A
Economic Papers: A journal of applied economics and policy, 1987openaire +1 more source
Are current account deficits sustainable?
Economics Letters, 2001Jyh-Lin Wu, Show-Lin Chen, Hsiu-Yun Lee
openaire +1 more source
Budget deficits and the current account
Journal of International Economics, 1986John T. Cuddington, Jose M. Vinals
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, 2008Soyoung Kim, Nouriel Roubini
exaly

