Is the U.S. current account sustainable?

Michael Kouparitsas ()

Chicago Fed Letter, 2005, issue Jun, No 215

Abstract: This article clearly defines what economists mean by a sustainable current account. The author provides an estimate of the sustainable current account balance for the U.S. economy and assesses the implications of this estimate for the existing current account and level of foreign indebtedness.

Keywords: Gross; domestic; product (search for similar items in EconPapers)
Date: 2005
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