Why is the U.S. current account deficit so large? (response to Daniel David Bachman, Southern Economic Journal, p. 232, Oct. 1992)Tufte, David
aThese arguments refer to changes in the trade balance rather than to its level. 这些论据提到变动在贸易平衡而不是对它的水平。 [translate] aWhy should a government resist a long-run current account deficit or surplus? 为什么政府应该抵抗历时长久的往来帐户亏损或节余? [translate] ...
The U.S. Current Account Deficit and the Expected Share of World Output We investigate the possibility that the large current account deficits of the U.S. are the outcome of optimizing behavior. We develop a simple long-run world equilibrium model in which the current account is determined by...
danger this poses. From gap to abyss ; Why the current-account deficit has ballooned to record size, and the danger this poses.From gap to abyss ; Why the current-account deficit has ballooned to record size, and the danger this poses.N. Madhavan...
accountcurrentdeficitsustainabletrillioncit U N C O R R E C T E D P R O O F Why the US Current Account Deficit is Sustainable 1 Ricardo Hausmann à and Federico Sturzenegger Ãw à Kennedy School of Government and Center for International Development, Harvard University, w Kennedy ...
A capital account surplus indicates that foreign buyers are investing more in the country's assets than the country is investing abroad. A capital account deficit occurs when the country invests more in foreign assets than foreigners invest in its assets.1 ...
Higher export volumes spureconomic growth, while pricey imports also have a similar effect because consumers opt for local alternatives to imported products. This improvement in theterms of tradegenerally translates into a lower current account deficit (or a greater current account surplus), higher emp...
aneeded to reduce the Excessively large US current-account deficit 需要减少过份地大美国往来帐户亏损[translate] aeverythig seemed new and strange everythig似乎新和奇怪[translate] ain steel pickling 在钢腌制[translate] aLuckily it your heart is far away here and fiy to somewhere you choose.your body...
Explain why you do or do not feel that a large federal deficit is a problem. Justify your answer using economic concepts. Why do governments sometimes pay for their spending by printing more money? Why do economists refer to this as an 'inflation tax" that can result in very harmful resu...
Why is there not even a single country with no debt? What are the causes of increasing government debt? If we don't have to pay back the national debt, then why is deficit/debt bad? And why should we balance the budget? If the government prints money and circulates it to the ...