If the Bank of Japan Increases Current Account Deposits, Will Bank Lending Increase? — Thinking About the Circulation of 'Sleeping Money' and the Real Economy —

If the Bank of Japan increases current account deposits, will bank lending increase? When considering monetary policy, it is ...
Cfr.org

The (Somewhat) Mysterious Surge in China’s Current Account Surplus

In the second quarter of 2024, China reported a customs surplus of $250 Billion, a services deficit of $60 billion—and a current account surplus of only $50 billion. The gap between the current ...
International Monetary Fund

Dominant Drivers of Current Account Dynamics

We estimate shocks that explain most of the variation in the current account at business cycle frequencies and over the long run. We then explore, using a standard open-economy macro model, which ...