Twin deficits, openness, and the business cycle

Journal of the European Economic Association

Volumn 6, Issue 2-3, 2008, Pages 404-413

  Corsetti, Giancarlo ^a   Müller, Gernot J ^b  

^a EUROPEAN UNIVERSITY INSTITUTE   (Italy)

^b GOETHE UNIVERSITY   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 45849112217     PISSN: 15424766     EISSN: 15424774     Source Type: Journal    
DOI: 10.1162/JEEA.2008.6.2-3.404     Document Type: Article

References (9)

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3. Beetsma, Roel, Massimo Giuliodori, and Franc Klaasen (2007). "The Effects of Public Spending Shocks on Trade Balances in the European Union." Working paper, University of Amsterdam.
4. Corsetti, Giancarlo, André Meier, and Gernot J. Müller (2007). "International Dimensions of Fiscal Policy Transmission." Working paper, EUI.
5. Corsetti, Giancarlo, and Gernot J. Müller (2006). "Twin Deficits: Squaring Theory, Evidence and Common Sense." Economic Policy, 48, 598-638.
6. Corsetti, Giancarlo, and Gernot J. Müller (2007). "Twin Deficits, Openness and the Business Cycle." CEPR Discussion Paper No. 6492.
7. Erceg, Christopher J., Luca Guerrieri, and Christopher Gust (2005). "Expansionary Fiscal Shocks and the U.S. Trade Deficit." International Finance, 8, 363-397.
8. Kim, Soyoung, and Nouriel Roubini (2003). "Twin Deficit or Twin Divergence? Fiscal Policy, Current Account, and Real Exchange Rate in the US." Working paper, NYU.
9. Monacelli, Tommaso, and Roberto Perotti (2006). "Fiscal Policy, the Trade Balance and the Real Exchange Rate: Implications for International Risk Sharing." Working paper, Bocconi University.