Debt Dynamics and Global Imbalances : Some Conventional Views Reconsidered /
We use a general-equilibrium model to explain the rise in global trade and payments imbalances since the mid-1990s, and then to construct adjustment paths to a steady state. Assuming that the shocks giving rise to the imbalances do not suddenly reverse, simulated movements in the U.S. trade deficit...
| Κύριος συγγραφέας: | |
|---|---|
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Σειρά: | IMF Working Papers; Working Paper ;
No. 2007/004 |
| Διαθέσιμο Online: | Full text available on IMF |