Current Account Sustainability
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[Last Updated on April 3, 2008]

 

Academic Papers

  • Corsetti, Giancarlo, Philippe Martin, and Paolo Pesenti, "Varieties and the Transfer Problem: The Extensive Margin of Current Account Adjustment," NBER Working Paper No. 13795, February 2008
  • Curcuru, Stephanie E., Tomas Dvorak, and Francis E. Warnock, "Cross-Border Returns Differentials," NBER Working Paper No. 13768, February 2008 (also Forthcoming in Quarterly Journal of Economics)
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    Policy Papers

  • Higgins, Matthew and Thomas Klitgaard, "Financial Globalization and the U.S. Current Account Deficit," FRBNY Current Issues in Economics and Finance, December 2007
  • Bernake Ben S., "Global Imbalances: Recent Developments and Prospects," Speech at the Bundesbank Lecture, Berlin, Germany, September 2007
  • CBO Testimony, "Foreign Holdings of U.S. Government Securities and the U.S. Current Account," Testimony before the Committee on the Budget, U.S. House of Representatives, June 2007
  • Bergsten, C. Fred, "Currency Misalignments and the US Economy," Peterson Institute, May 2007
  • Ahearne, Alan, William R. Cline, Kyung Tae Lee, Yung Chul Park, Jean Pisani-Ferry, and John Williamson, "Global Imbalances: Time for Action," Peterson Institute Policy Brief, March 2007
  • FRBSF Economic Letter, "The U.S. Productivity Acceleration and the Current Account Deficit," March 2007
  • Bergsten, C. Fred, "The Current Account Deficit and the US Economy," Testimony before the Budget Committee of the United States Senate, February 2007
  • Bergsten, C. Fred and Edwin M. Truman, "Why Deficits Matter: The International Dimension," Testimony before the Budget Committee of the House of Representatives, January 2007
  • Hausmann, Ricardo and Federico Sturzenegger, "The Valuation of
    Hidden Assets in Foreign Transactions: Why “Dark Matter” Matters," Economic Business, January 2007
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