Aizenman, Joshua (contributor) - 2008
CAGDP Current Account Balance (% of GDP) WDI
CAGDP_D CAGDP_i - CAGDP_US
openc Trade/GDP, in percent Penn World
Tables …-
account balance as the outcome of forward-looking dynamic saving and investment decisions. It
supplements and expands earlier … late 1990s early 2000s, and is
summarized in Obstfeld and Rogoff (1997). The intertemporal approach views the current …