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What are the risks to the United States of a current account reversal?

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  • Diego Valderrama

Abstract

This Economic Letter turns to the recent empirical literature to learn more about the potential risks to the U.S. economy of a possible current account reversal and about the factors that are associated with more disruptive corrections.

Suggested Citation

  • Diego Valderrama, 2006. "What are the risks to the United States of a current account reversal?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue oct27.
    • Handle: RePEc:fip:fedfel:y:2006:i:oct27:n:2006-29
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    References listed on IDEAS

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    1. Guillermo A. Calvo & Alejandro Izquierdo & Ernesto Talvi, 2006. "Phoenix Miracles in Emerging Markets: Recovering without Credit from Systemic Financial Crises," Research Department Publications 4474, Inter-American Development Bank, Research Department.
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    Cited by:

    1. Bernardina Algieri & Thierry Bracke, 2011. "Patterns of Current Account Adjustment—Insights from Past Experience," Open Economies Review, Springer, vol. 22(3), pages 401-425, July.

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    Keywords

    Balance of trade; International trade;

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