Cycles and Trends in U.S. Net Borrowing Flows

April 3, 2007

This paper discusses patterns of net borrowing by major “institutional sectors” in the U.S. economy.

This includes households, the rest of the private sector or “business,” government, and the rest of world– and their relationships with post-WWII business cycles and salient trends.

Authors: Nelson H. Barbosa-Filho, Codrina Rada, Lance Taylor and Luca Zamparelli
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