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Is the U.S. current account sustainable?
Abstract: This article clearly defines what economists mean by a sustainable current account. The author provides an estimate of the sustainable current account balance for the U.S. economy and assesses the implications of this estimate for the existing current account and level of foreign indebtedness.
Keywords: Gross domestic product;
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2005
Issue: Jun
Order Number: 215