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portada International Finance Discussion Papers: How Long Can the Unsustainable U.S. Current Account Deficit Be Sustained (in English)
Type
Physical Book
Author
Publisher
Language
Inglés
Pages
70
Format
Paperback
Dimensions
24.6 x 18.9 x 0.4 cm
Weight
0.14 kg.
ISBN13
9781288727186
Categories

International Finance Discussion Papers: How Long Can the Unsustainable U.S. Current Account Deficit Be Sustained (in English)

United States Federal Reserve Board (Author) · Carol C. Bertaut (Author) · Bibliogov · Paperback

International Finance Discussion Papers: How Long Can the Unsustainable U.S. Current Account Deficit Be Sustained (in English) - Bertaut, Carol C. ; United States Federal Reserve Board ; Et Al

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Synopsis "International Finance Discussion Papers: How Long Can the Unsustainable U.S. Current Account Deficit Be Sustained (in English)"

This paper addresses three questions about the prospects for the U.S. current account deficit. Is it sustainable in the long term? If not, how long will it take for measures of external debt and debt service to reach levels that could prompt some pullback by global investors? And if and when such levels are breached, how readily would asset prices respond and the current account start to narrow?

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