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Sustainability of Persistent Current Account Deficits

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NBER1996-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5467
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资源简介:
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
创建时间:
1996-02-01
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