Explore the differences between current and capital accounts and how they affect a nation's net income and asset-liability balance.

When it comes to managing business finances, it’s a lot more complicated than managing a household budget. There are daily payments that need to be made, plus money that is collected, and operational ...

A current account surplus means that a country's exports are worth more than its imports. Learn how current accounts affect competitiveness in world trade.

Small business owners could be missing out on thousands by leaving cash sitting idle. Here’s how a business current account ...

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 ...