to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate … and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits …

to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate … and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits …

/capita growth, inflation, financial depth, institution, urban population growth and the real interest rate; a one standard deviation …

turn, slowed down growth. In this essay a preliminary reconstruction of the balance of payments on current account allows …

the context of two partial equilibrium endogenous growth models. In our first model, the scale of fickle outside … investment funds traces out a meanvariance tradeoff for the growth rate of the economy. In particular, the volatility of these … regulation of outside investment may increase growth. Our second model involves increasing returns and multiple equilibria. In …

turn, slowed down growth. In this essay a preliminary reconstruction of the balance of payments on current account allows …

the context of two partial equilibrium endogenous growth models. In our first model, the scale of fickle outside … investment funds traces out a mean-variance tradeoff for the growth rate of the economy. In particular, the volatility of these … regulation of outside investment may increase growth. Our second model involves increasing returns and multiple equilibria. In …