The U.S. productivity acceleration and the current account deficit

Diego Valderrama

FRBSF Economic Letter, 2007, issue mar30

Abstract: This Economic Letter reviews the current facts about the current account deficit and its determinants, and describes the channels through which it is affected by an increase in trend labor productivity growth.

Keywords: Budget deficits; Investments, Foreign; Balance of trade (search for similar items in EconPapers)
Date: 2007
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