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Should We Be Concerned Again About U.S. Current Account Sustainability?


  • Shaghil Ahmed
  • Carol C. Bertaut
  • Jessica Liu
  • Robert J. Vigfusson


In this note, we compare the present situation to that prevailing in the mid-2000s, when concerns about the NIIP and the current account were at the forefront, and we examine the prospects for U.S. external sustainability going forward.

Suggested Citation

  • Shaghil Ahmed & Carol C. Bertaut & Jessica Liu & Robert J. Vigfusson, 2018. "Should We Be Concerned Again About U.S. Current Account Sustainability?," IFDP Notes 2018-03-09, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgin:2018-03-09
    DOI: 10.17016/2573-2129.42

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    Cited by:

    1. Carol Bertaut & Beau Bressler & Stephanie E Curcuru, 2019. "Globalization and the geography of capital flows," IFC Bulletins chapters, in: Bank for International Settlements (ed.),Are post-crisis statistical initiatives completed?, volume 49, Bank for International Settlements.
    2. Gabriel Felbermayr & Martin Braml, 2018. "On the EU-US Current Account," EconPol Policy Reports 7, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.

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