Are Global Imbalances Sustainable? Post Crisis Scenarios

This paper assesses the sustainability of global imbalances by testing for the presence of unit roots in the current account positions (measured in relation to GDP) of the United States, China, Japan, Germany and the oil-exporting countries using a methodology that allows for structural breaks in le...

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Bibliographic details
Volume: 2
Main Author: Padoan, Pier Carlo
de Mello, Luiz
Format: Journal Article
Language: English
Place of publication: Università di Perugia, Dipartimento Economia, Finanza e Statistica 2011
published in: Review of economics and institutions Vol. 2; no. 3
Data of publication: 2011
ISSN: 2038-1379
2038-1379
EISSN: 2038-1379
Discipline: Economics
Series: Review of Economics and Institutions
Subjects:
Online Access: Fulltext
Database: RePEc
RePEc IDEAS
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