“...This paper evaluates the monetary and macroprudential policies that mitigate the procyclicality arising from the interlinkages between current account deficits...”

“...•Are U.S. trade deficits caused by high foreign saving or low domestic saving?•A wedge accounting exercise is conducted to determine the causes of U.S. trade...”

“...We critically assess several of the key assertions underlying the global saving glut hypothesis. First, we investigate whether the behavior of the U.S. current...”

“...The objective of this paper is to articulate how the 2007–09 economic crisis is rooted in the uneven income distribution and inequality caused by the current...”

“...We establish a new stylized fact: while the current account and the trade balances are positively correlated during the second globalization (1990s–2010s),...”

“...A "global saving glut" was invented by Ben Bernanke in 2005 as a label for positive net lending (imports exceeding exports) to the American economy by the rest...”

“...What drives the US current account imbalances? Is there solid evidence that the behavior of the current account is different during deficits and surpluses or...”

“...Prior to the 2008 financial crisis there was much debate about global trade imbalances. Prima facie, the imbalances seem a significant problem. However,...”

“...Some observers say the 1998-2006 housing boom led to the global financial crisis and the 2007-2009 recession. The causes of the housing boom, however, are a...”