Where Did All the Borrowing Go? : A Forensic Analysis of the U.S. External Position /

The deterioration in the U.S. net external position in recent years has been much smaller than the extensive net borrowing associated with large current account deficits would have suggested. This paper examines the sources of discrepancies between net borrowing and accumulation of net liabilities f...

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Dettagli Bibliografici
Autore principale: Milesi-Ferretti, Gian
Altri autori: Lane, Philip
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/028
Accesso online:Full text available on IMF