The revised version of my paper (joint with Barbara Pels) on current account imbalances in Europe (focusing on the pre-crisis period) is available here.
The current account was also the topic for the keynote Edgeworth Lecture delivered by Maury Obstfeld last evening at the Irish Economics Association annual meeting – his paper is here.
Today’s keynote ESR/DEW Lecture will be given by John Van Reenan on “Horrible Bosses? The New Economics of Management”. He also has a VOX column today “Fiscal Consolidation: Too Much of a Good Thing?“