The U.S. current account and the dollar /
There are two main forces behind the large U.S. current account deficits. First, an increase in the U.S. demand for foreign goods. Second, an increase in the foreign demand for U.S. assets. Both forces have contributed to steadily increasing current account deficits since the mid-1990s. This increas...
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Format: | Book |
Language: | English |
Published: |
Cambridge, MA :
Massachusetts Institute of Technology, Dept. of Economics,
[2005]
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Edition: | Rev |
Series: | Working paper (Massachusetts Institute of Technology. Department of Economics) ;
no. 05-02 |
Subjects: |