Berdell, John F.; Mondschean, Thomas S.; Pecchenino, … - In: SPOUDAI - Journal of Economics and Business 69 (2019) 3, pp. 35-54
Extensive attention has been given to countries that run current account deficits, but little attention has been devoted to understanding why countries run large surpluses. This is surprising given that unsustainable international imbalances result from one as much as the other. We begin with a...
