Antonakakis, Nikolaos; Cunado, Juncal; Gupta, Rangan; Segnon, Mawuli
(Taylor and Francis Open, 2019)
We revisit the twin deficits hypothesis by examining the long-run
cointegrating relationship between the US budget and trade deficits
across various quantiles using a unique dataset for the period
1791–2013. The main ...