Article ID Journal Published Year Pages File Type
5086229 Japan and the World Economy 2011 12 Pages PDF
Abstract
► We examine the sustainability of the current account balances of the G-7 nations. ► We apply the unit root test with regime switching to the G-7. ► We find that the current account deficits are most likely to be sustainable for Germany and Japan. ► It signifies a red signal for the current account deficits of Canada, France, Italy, the UK or the US.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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