Three Current Account Balances: A "Semi-Structuralist" Interpretation
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https://www.nber.org/papers/w11853
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资源简介:
Three large current account imbalances -- one deficit (the United States) and two surpluses (Japan and the Euro area) -- are subjected to a minimalist structural interpretation. Though simple, this interpretation enables us to assess how much of each of the imbalances require a real exchange rate
提供机构:
美国国家经济研究局
创建时间:
2005-12-01



