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A Sexually Unbalanced Model of Current Account Imbalances

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NBER2010-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16000
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Large savings and current account surpluses by China and other countries are said to be a contributor to the global current account imbalances and possibly to the recent global financial crisis. This paper proposes a theory of excess savings based on a major, albeit insufficiently recognized by
创建时间:
2010-05-01
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