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.
| Main Authors: | , |
|---|---|
| Format: | Working Paper |
| Language: | English |
| Published: |
Monash University Business and Economics
2009
|
| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/3215/ 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 |
| _version_ | 1848835165172793344 |
|---|---|
| author | Tuck , Cheong Tang Lau, Evan |
| author_facet | Tuck , Cheong Tang Lau, Evan |
| author_sort | Tuck , Cheong Tang |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T06:03:32Z |
| format | Working Paper |
| id | unimas-3215 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:03:32Z |
| publishDate | 2009 |
| publisher | Monash University Business and Economics |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-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 |
| 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. |
| title | 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_short | 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. |
| topic | HB Economic Theory HG Finance |
| url | http://ir.unimas.my/id/eprint/3215/ http://ir.unimas.my/id/eprint/3215/ 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 |