1991Journal of money credit and bankingRequires access

Testing Intertemporal Budget Constraints: Theory and Applications to U. S. Federal Budget and Current Account Deficits

Bharat Trehan, Carl E. Walsh

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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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What this paper is about

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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Available 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

Key concepts: Federal budget, Economics, Deficit spending, Balance (ability), Current account, Budget process, Budget constraint, Set (abstract data type)

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