Haberis, Alex; Markovic, Bojan; Mayhew, Karen; Zabczyk, … - Bank of England - 2011
This paper considers the implications for the United States, the United Kingdom and the rest of the world (ROW) of shocks that may contribute to a further reduction in global current account imbalances using a dynamic stochastic general equilibrium (DSGE) model. We consider a shock that...