- Additional Authors
- 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:
- 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