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

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...

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Beteilige Person:	Brook, Anne-Marie (VerfasserIn)
Weitere beteiligte Personen:	Sédillot, Franck (MitwirkendeR), Ollivaud, Patrice (MitwirkendeR)
Format:	Elektronisch Buchkapitel
Sprache:	Englisch
Veröffentlicht:	Paris OECD Publishing 2005
Schlagwörter:	Economics
Links:	https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en https://doi.org/10.1787/eco_studies-v2004-art7-en
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...
Umfang:	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_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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