OECD Economic Studies, Volume 2004 Issue 1: No. 38 Volume 2004 Issue 1

The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies

DOI:https://doi.org/10.1787/eco_studies-v2004-art7-en

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 ...



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