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Viewing the current account deficit as a capital inflow

Higgins, Matthew David; Klitgaard, Thomas - In: Current issues in economics and finance 4 (1998) 13, pp. 1-6

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The effects of trade deficit on output and employment : evidence from the U.S.'s economy

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Towards a more integrated, symmetric and viable EMU

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Social and economic trends in south-east Europe

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Does the structure of employment affect the external imbalances? : theory and evidence

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Viewing the Current Account Deficit as a Capital Inflow

Higgins, Matthew; Klitgaard, Thomas - 2007

With the 1998 current account deficit approaching $225 billion, attention is again focusing on the deficit's impact on U.S. jobs. Although a high deficit does adversely affect employment in export- and import-competing industries, it also means that considerable foreign capital is flowing into...

Persistent link: https://www.econbiz.de/10014049308