Semi-Daily Journal Archive

The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.

Saturday, November 18, 2006

Econ 101b: Fall 2006: November 16, 2006: America's Current Account Deficit

Background reading: A false Cassandra:

Nouriel Roubini and Brad Setser (2004), "The US as a Net Debtor: The Sustainability of the US External Imbalances" (New York: Stern School of Business) http://pages.stern.nyu.edu/~nroubini/papers/Roubini-Setser-US-External-Imbalances.pdf.

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