Global imbalances
Three facts have characterized the pre-crisis debates in macroeconomics: the increase in the US current account de cit, the decline in interest rates and the increase in the share of US assets in global portfolios. Caballero, Farhi and Gourinchas (2008) described these "anomalies" as being...
Saved in:
| Main Author: | |
|---|---|
| Format: | article |
| Published: |
2014
|
| Online Access: | http://hdl.handle.net/10725/6130 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://thema.u-cergy.fr/IMG/documents/2014-28.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|