Professor of International Economics @DICEHHU Heinrich-Heine-University Düsseldorf @hhu_de — Advisory Board German Federal Ministry for Economic Affairs @BMWK
Jun 13, 2018 • 40 tweets • 16 min read
The current account is baaaack in the headlines! Official data by @BEA_News reports that the US has a roughly balanced current account with the EU, even a slight surplus of $14 bn. Does this mean we can be relaxed in the upcoming storms that may lead to a trade war? /LongThread
The BEA data existed for a long time.
( bea.gov/iTable/iTable.… )
But it was somehow under the radar of many economists, me included. @GFelbermayr and @MartinBraml unearthed in Germany and wrote a report @CESifoGroup /2
