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CBO’s Model and Projections of U.S. International Investment Holdings and Income Flows: Working Paper 2021-10

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  • Daniel Fried

Abstract

Since 1982, growth in the value of foreign investments in the United States has exceeded growth in the value of U.S. investments abroad and, as a result, the U.S. net international investment position has been negative and trending lower. Even though the value of foreign investments in the United States has exceeded the value of U.S. investments abroad, the total income earned by U.S. investors on their foreign asset holdings has historically exceeded the total income earned by foreign investors on their U.S. holdings. The United States is able to earn positive net

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  • Daniel Fried, 2021. "CBO’s Model and Projections of U.S. International Investment Holdings and Income Flows: Working Paper 2021-10," Working Papers 57326, Congressional Budget Office.
    • Handle: RePEc:cbo:wpaper:57326
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    File URL: https://www.cbo.gov/system/files/2021-08/57326-International-Investment.pdf
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    References listed on IDEAS

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    Cited by:

    1. Atkeson, Andy & Heathcote, Jonathan & Perri, Fabrizio, 2022. "The End of Privilege: A Reexamination of the Net Foreign Asset Position of the United States," CEPR Discussion Papers 17268, C.E.P.R. Discussion Papers.

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    More about this item

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F37 - International Economics - - International Finance - - - International Finance Forecasting and Simulation: Models and Applications

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