OUNT IMBALANCES *Obstfeld and Rogoff: pp. 1-84. *Obstfeld, Maurice and Kenneth Rogoff, “The Unsustainable US Current Account Position Revisited,” in Richard Clarida (ed.), G7 Current Account Imbalances: Sustainability and Adjustment, University of Chicago Press, 2007 (with revisions). Gourinchas, Pierre-Olivier
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