Research Catalog

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

Title
The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies [electronic resource] / Anne-Marie Brook, Franck Sédillot and Patrice Ollivaud
Author
Brook, Anne-Marie.
Publication
Paris : OECD Publishing, 2005.

Available Online

Full text online available onsite at NYPL

Details

Additional Authors
  • Sédillot, Franck.
  • Ollivaud, Patrice.
Found In
OECD Economic Studies Vol. 2004, no. 1, p. 157-186 1609-7491
Description
42 p.
Summary
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...
Subject
Economics
LCCN
10.1787/eco_studies-v2004-art7-en
OCLC
oecd-lib-001215
Author
Brook, Anne-Marie.
Title
The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies [electronic resource] / Anne-Marie Brook, Franck Sédillot and Patrice Ollivaud
Imprint
Paris : OECD Publishing, 2005.
Connect to:
http://dx.doi.org/10.1787/eco_studies-v2004-art7-en
Indexed Term
Economics
Added Author
Sédillot, Franck.
Ollivaud, Patrice.
Found In:
OECD Economic Studies Vol. 2004, no. 1, p. 157-186 2004:1<157 1609-7491
Other Editions:
Les défis de la réduction du déficit de balance courante des États-Unis et conséquences pour les autres économies fre (FR-PaOEC)eco_studies-v2004-art7-fr
Other Standard Identifier
10.1787/eco_studies-v2004-art7-en doi
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