Current Account Deficits and the Welfare of Future Generations
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https://www.nber.org/papers/w34740
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This paper explores the effects of one nation's taxation of consumption on the welfare of future generations of other countries. To do this, it presents an otherwise standard one-good, two-country optimal growth model with free capital markets, but where each date represents the lifetime of a
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美国国家经济研究局创建时间：
2026-01-01
