Channels for Narrowing the US Current Account Deficit and Implications for Other Economies
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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In this paper the OECD’s interlink model is used to explore several possible channels through which a narrowing of the US current account deficit could occur. The shocks considered include dollar depreciation, fiscal consolidation, and an improvement in the non-price competitiveness of US producers. A key conclusion is that shocks would have to be...
