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Smooth Landing or Crash?: Model-Based Scenarios of Global Current Account Rebalancing

Hamid Faruqee, Douglas Laxton, Dirk Muir, and Paolo A. Pesenti

in G7 Current Account Imbalances: Sustainability and Adjustment

Published in print:
2007
Published Online:
February 2013
ISBN:
9780226107264
eISBN:
9780226107288
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226107288.003.0011
Subject:
Economics and Finance, Financial Economics

This chapter employs a sophisticated new open economy multicountry simulation model to examine different scenarios for global current account adjustment. The analysis indicates that ... More


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