Testing Intertemporal Budget Constraints: Theory and Applications to U. S. Federal Budget and Current Account Deficits
Bharat Trehan, Carl E. Walsh
Abstract
Bharat Trehan, Carl E. Walsh
Abstract
Bharat Trehan, Carl E. Walsh, Testing Intertemporal Budget Constraints: Theory and Applications to U. S. Federal Budget and Current Account Deficits, Journal of Money, Credit and Banking, Vol. 23, No. 2 (May, 1991), pp. 206-223
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Bharat Trehan, Carl E. Walsh, Testing Intertemporal Budget Constraints: Theory and Applications to U. S. Federal Budget and Current Account Deficits, Journal of Money, Credit and Banking, Vol. 23, No. 2 (May, 1991), pp. 206-223
Key concepts: Federal budget, Economics, Deficit spending, Balance (ability), Current account, Budget process, Budget constraint, Set (abstract data type)