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The End of Privilege: A Reexamination of the Net Foreign Asset Position of the United States

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NBER2022-02-01 更新2025-01-04 收录
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The U.S. net foreign asset position has declined sharply since 2007 and is currently negative 65 percent of U.S. GDP. This deterioration primarily reflects a U.S.-specific rise in corporate asset values that has inflated the value of U.S. equity liabilities to the rest of the world. To interpret

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2022-02-01
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