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:	global imbalances; current account sustainability; capital flows
Online Access:	Fulltext
Database:	RePEc RePEc IDEAS Database information Databases - DBIS