This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Tuck Cheong Tang
Evan Lau

Additional information is available for the following registered author(s):

Abstract

From the general equilibrium perceptive, this study proposes the inclusion of private savings and investments in examining twin deficits hypothesis. Using U.S. data, the empirical results support twin deficits hypothesis but the budget deficit's elasticity is decreasing from unity to 0.43.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.buseco.monash.edu.au/eco/research/papers/2009/0909equilibriumtanglau.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Monash University, Department of Economics in its series Monash Economics Working Papers with number 09/09.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 7 pages
Date of creation: 01 May 2009
Date of revision:
Handle: RePEc:mos:moswps:2009-09

Contact details of provider:
Postal: Department of Economics, Monash University, Victoria 3800, Australia
Phone: +61-3-9905-2493
Fax: +61-3-9905-5476
Email:
Web page: http://www.buseco.monash.edu.au/eco/
More information through EDIRC

Order Information:
Email:
Web: http://www.buseco.monash.edu.au/eco/research/papers/

For technical questions regarding this item, or to correct its listing, contact: (Simon Angus).

Related research
Keywords: General Equilibrium; Government Budget Deficits; Current Account Balance; U.S.;

Find related papers by JEL classification:
F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. MacKinnon, James G & Haug, Alfred A & Michelis, Leo, 1999. "Numerical Distribution Functions of Likelihood Ratio Tests for Cointegration," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 14(5), pages 563-77, Sept.-Oct. [Downloadable!]
    Other versions:
  2. Michele Cavallo, 2005. "Understanding the twin deficits: new approaches, new results," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue Jul 22. [Downloadable!]
  3. Leachman, Lori L & Francis, Bill, 2002. "Twin Deficits: Apparition or Reality?," Applied Economics, Taylor and Francis Journals, vol. 34(9), pages 1121-32, June. [Downloadable!] (restricted)
Full references

Statistics
Access and download statistics

Did you know? Over 80% of the top 1000 economists are registered on RePEc.

This page was last updated on 2009-11-25.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.