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      A reassessment of the twin deficits relationship

      Holmes, Mark J.
      DOI
       10.1080/00036840902845434
      Link
       www.informaworld.com
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      Citation
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      Holmes, M.J. (2010). A reassessment of the twin deficits relationship. Applied Economics Letters, 17(12), 1209-1212.
      Permanent Research Commons link: https://hdl.handle.net/10289/4228
      Abstract
      This article provides new evidence on the relationship between the United States budget and current account deficits. Using a testing procedure advocated by Bierens, both deficits are found to be stationary around a nonlinear deterministic trend and are co-trended insofar as they share a common nonlinear deterministic trend.
      Date
      2010
      Type
      Journal Article
      Publisher
      Routledge
      Collections
      • Management Papers [1037]
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