We develop a dynamic multi-country Ricardian trade model with aggregate uncertainty, where trade imbalances emerge as countries exchange goods and assets. We introduce a method for computing ...
German government deficit seen at 4.8% in 2028 Bundesbank urges action to control public spending Debt-to-GDP ratio to remain relatively low FRANKFURT, Dec 19 (Reuters) - Germany is heading for its ...
Good news! The federal budget deficit shrank substantially in November. Bad news! Uncle Sam still ran a significant budget shortfall in November, despite a massive surge in tariff revenue. The ...
John Hawkins was formerly a senior economist with Treasury and the Reserve Bank. Stephen Bartos does not work for, consult, own shares in or receive funding from any company or organization that would ...
Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a remarkable 8.5 ...
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