期刊名称：Discussion Paper Series / Department of Economics, Monash University
出版年度：2009
卷号：1
出版社：Monash University
摘要：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.
关键词：General Equilibrium; Government Budget Deficits; Current Account Balance;
U.S.
