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Tracking the U.S. External Deficit, 1980-1985: Experience with the OECD INTERLINK Model

Peter Richardson

No 38, OECD Economics Department Working Papers from OECD Publishing

Abstract: This paper provides an analysis of the recent evolution of the U.S. current account external deficit in the context of the OECD Secretariat world model, INTERLINK. It seeks to assess to what extent developments in the U.S. current balance since 1980 might be viewed as being surprising, at least by the standards of the relationships embodied in the current U.S. trade block of that model ... Cet article analyse l'évolution récente du déficit du compte courant des Etats-Unis dans le contexte du modèle INTERLINK, le modèle mondial du Secrétariat de l'OCDE. Le but est d'évaluer dans quelle mesure les développements constatés depuis 1980 dans la balance courante des Etats-Unis peuvent être considérés comme surprenants, au moins selon les critères des relations qui figurent actuellement dans le bloc des échanges des Etats-Unis dans le modèle ...

Date: 1987-02-01
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