In the interest rate climate of 2022 through much of 2024, the reasons for opening a certificate of deposit (CD) account were ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We estimate shocks that explain most of the variation in the current account at business cycle frequencies and over the ...
Since 2002, the U.S. has seen the emergence of twin deficits—that is, a growing budget deficit along with a growing current account deficit, which reflects increasing U.S. borrowing from abroad. To ...
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