Journal Article
The U.S. productivity acceleration and the current account deficit
Abstract: This Economic Letter reviews the current facts about the current account deficit and its determinants, and describes the channels through which it is affected by an increase in trend labor productivity growth.
Keywords: Budget deficits; Investments, Foreign; Balance of trade;
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Bibliographic Information
Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Publication Date: 2007
Order Number: 08