Saturday , September 19 2020
Home / Econbrowser - James Hamilton / Making America Great Again (in Indebtedness): Net International Investment Position

Making America Great Again (in Indebtedness): Net International Investment Position

Summary:
NIIP is the difference between US holdings of assets abroad, minus foreign holdings of US assets. Shown below is the ratio of NIIP to GDP. Figure 1: US Net International Investment Position ratio to GDP (blue). NBER defined recession dates shaded gray. Light orange shading denotes Trump administration, orange dashed line denotes election. Source: BEA via FRED, NBER, and author’s calculations.

Topics:
Menzie Chinn considers the following as important:

This could be interesting, too:

Scott Sumner writes Their own worst enemy

Scott Sumner writes The remainder of the decade

Scott Sumner writes Target the forecast

Tyler Cowen writes Wednesday assorted links

NIIP is the difference between US holdings of assets abroad, minus foreign holdings of US assets. Shown below is the ratio of NIIP to GDP.

Making America Great Again (in Indebtedness): Net International Investment Position

Figure 1: US Net International Investment Position ratio to GDP (blue). NBER defined recession dates shaded gray. Light orange shading denotes Trump administration, orange dashed line denotes election. Source: BEA via FRED, NBER, and author’s calculations.

Menzie Chinn
He is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

Leave a Reply

Your email address will not be published. Required fields are marked *