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illustrate its usefulness, I study the external positions of 12 countries (Australia, Canada, China, France, Germany, India …, Italy, Japan, South Korea, Thailand, the United States and the United Kingdom) between 1970 and 2011. In particular, I … examine how changes in the perceived risk associated with future returns across world financial markets contributed to …
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Leistungsbilanz in den USA seit den frühen 1980er Jahren durch das Zusammenspiel von steigender Ungleichheit am oberen Ende der …
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Most of the emerging European countries, including Republic of Macedonia, are faced with greater or smaller current account deficits, which raise the concern about their sustainability in the long run. This working paper examines the sustainability of the Macedonian current account deficit using...
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