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

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.

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Bibliographic Details
Main Authors: Tuck , Cheong Tang, Lau, Evan
Format: Working Paper
Language:English
Published: Monash University Business and Economics 2009
Subjects:
Online Access:http://ir.unimas.my/id/eprint/3215/1/General%2BEquilibrium%2BPerception%2Bon%2BTwin%2BDeficits%2BHypothesis%2B-%2BAn%2BEmpirical%2BEvidence%2Bfor%2Bthe%2BU.S.%20%281%29.pdf
http://ir.unimas.my/id/eprint/3215/
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spelling my.unimas.ir.32152022-04-18T00:55:45Z http://ir.unimas.my/id/eprint/3215/ General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S. Tuck , Cheong Tang Lau, Evan HB Economic Theory HG Finance 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. Monash University Business and Economics 2009 Working Paper NonPeerReviewed text en http://ir.unimas.my/id/eprint/3215/1/General%2BEquilibrium%2BPerception%2Bon%2BTwin%2BDeficits%2BHypothesis%2B-%2BAn%2BEmpirical%2BEvidence%2Bfor%2Bthe%2BU.S.%20%281%29.pdf Tuck , Cheong Tang and Lau, Evan (2009) General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S. [Working Paper] https://business.monash.edu
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HB Economic Theory
HG Finance
spellingShingle HB Economic Theory
HG Finance
Tuck , Cheong Tang
Lau, Evan
General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S.
description 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.
format Working Paper
author Tuck , Cheong Tang
Lau, Evan
author_facet Tuck , Cheong Tang
Lau, Evan
author_sort Tuck , Cheong Tang
title General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S.
title_short General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S.
title_full General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S.
title_fullStr General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S.
title_full_unstemmed General Equilibrium Perception on Twin Deficits Hypothesis: An Empirical Evidence for the U.S.
title_sort general equilibrium perception on twin deficits hypothesis: an empirical evidence for the u.s.
publisher Monash University Business and Economics
publishDate 2009
url http://ir.unimas.my/id/eprint/3215/1/General%2BEquilibrium%2BPerception%2Bon%2BTwin%2BDeficits%2BHypothesis%2B-%2BAn%2BEmpirical%2BEvidence%2Bfor%2Bthe%2BU.S.%20%281%29.pdf
http://ir.unimas.my/id/eprint/3215/
https://business.monash.edu
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score 13.18916