The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies:
This article uses the OECD's interlink model to explore several possible channels through which a narrowing of the US current account deficit could occur. The shocks considered include dollar depreciation, fiscal consolidation, and an improvement in the non-price competitiveness of US producers...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , |
| Format: | Elektronisch Buchkapitel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2005
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| Schlagworte: | |
| Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
| Zusammenfassung: | This article uses the OECD's interlink model to explore several possible channels through which a narrowing of the US current account deficit could occur. The shocks considered include dollar depreciation, fiscal consolidation, and an improvement in the non-price competitiveness of US producers. A key conclusion is that shocks would have to be very large in order to materially reduce the US external deficit, largely because of the offsetting impact of second-round effects. In addition... |
| Beschreibung: | 1 Online-Ressource (42 Seiten) |
| DOI: | 10.1787/eco_studies-v2004-art7-en |
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| spelling | Brook, Anne-Marie Verfasser aut The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies Anne-Marie Brook, Franck Sédillot and Patrice Ollivaud Paris OECD Publishing 2005 1 Online-Ressource (42 Seiten) txt rdacontent c rdamedia cr rdacarrier This article uses the OECD's interlink model to explore several possible channels through which a narrowing of the US current account deficit could occur. The shocks considered include dollar depreciation, fiscal consolidation, and an improvement in the non-price competitiveness of US producers. A key conclusion is that shocks would have to be very large in order to materially reduce the US external deficit, largely because of the offsetting impact of second-round effects. In addition... Economics Sédillot, Franck ctb Ollivaud, Patrice ctb https://doi.org/10.1787/eco_studies-v2004-art7-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Brook, Anne-Marie The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies Economics |
| title | The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies |
| title_auth | The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies |
| title_exact_search | The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies |
| title_exact_search_txtP | The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies |
| title_full | The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies Anne-Marie Brook, Franck Sédillot and Patrice Ollivaud |
| title_fullStr | The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies Anne-Marie Brook, Franck Sédillot and Patrice Ollivaud |
| title_full_unstemmed | The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies Anne-Marie Brook, Franck Sédillot and Patrice Ollivaud |
| title_short | The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies |
| title_sort | the challenges of narrowing the us current account deficit and implications for other economies |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/eco_studies-v2004-art7-en |
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