Impact of U.S. Twin Deficits on Bilateral Exchange Rates: Canada and China
This paper examines the U.S. twin deficits debate from a bilateral exchange rate with Canada and China and their respective international reserves angle. This one-lag dynamic linear model is based on the Euler equation expressed in a rational expectations component for aggregate consumption. Finding...
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| Format: | Article |
| Language: | English |
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People & Global Business Association (P&GBA)
2011-03-01
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| Series: | Global Business and Finance Review |
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| Online Access: | http://www.gbfrjournal.org/pds/journal/thesis/20150622132821-XBMZO.pdf |