Tuck , Cheong Tang and Lau, Evan (2009) General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S. [Working Paper]
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Official URL: https://business.monash.edu
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.
| Item Type: | Working Paper |
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| Uncontrolled Keywords: | General Equilibrium, Government Budget Deficit, Current Account Balance, US, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HG Finance |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Karen Kornalius |
| Date Deposited: | 16 Jun 2014 02:44 |
| Last Modified: | 18 Apr 2022 00:55 |
| URI: | http://ir.unimas.my/id/eprint/3215 |
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