An analysis of the declining trend in international competitiveness of US industry, indentifying three groups of countries that account for most of the trade de
The global financial crisis of 1997-98 and the widening US trade deficit have precipitated fresh inquiry into a set of perennial questions about global integrat
This paper examines the relationship between fiscal policy and the current account, drawing on a larger country sample than in previous studies and using panel
Type: BOOK - Published: 2000* - Publisher: Research Center on Employment and Economic Fluctuations, Université du Québec à Montréal = Centre de recherche sur l'emploi et les fluctuations économiques, Université du Québec à Montréal
This paper gauges the causal relationship between external and budget deficits by using Blanchard's overlapping generations model. This model tests the twin def
This economic and political science work is a rigorous analysis that demonstrates that although it is a privilege and a benefit for the US to have its currency,