Causality tests of budget and current account deficits: Cross-country comparisons

Capital mobility and adjustment of the c

Capital mobility and adjustment of the current account imbalances: a bounds testing approach to cointegration in 12 countries (1880-2001)

✍ Annie Corbin 📂 Article 📅 2004 🏛 John Wiley and Sons 🌐 English ⚖ 197 KB

## Abstract The saving–investment correlation in the long run may be interpreted as an indicator of the respect of the nation's intertemporal budget constraint. In the context of the single equation method, the existence of such a long‐run relationship implies that the levels of the variables as re