614****46392023-11-04 19:46:14
能不能解释一下段 Rising current account balances tend to be associated with rising required returns (and therefore falling asset prices), and increased capital flows to the deficit country to fund its deficit. Capital flows also influence currencies.
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Johnny2023-11-05 17:36:51
同学你好,原版教材原文如下:
A rising current account deficit will tend to put upward pressure on real required returns (downward pressure on asset prices) in order to induce a higher saving rate in the deficit country (to mitigate the widening deficit) and to attract the increased flow of capital from abroad required to fund the deficit.
如果经常账户赤字不断攀升就会导致实际的要求回报率提高(资产价格下跌),那为了弥补经常账户的赤字,就需要提高储蓄率或者吸引资本流入,也就是说经常账户的赤字会对应资本账户的盈余
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