Title :
Empirical Analysis on US Dollar Circumfluence
Author_Institution :
Commercial Sch., Jiang Han Univ., Wu Han, China
Abstract :
This paper tests the relationship between the current account deficits and NIIP(net international investment position) in U.S. It discovers that, in the middle of 1980´s, trade is issue channel of dollar and finance is its withdrawal channel. Dollar circumfluence exists and largely depends on the sustainability of dollar standard. It is suggested that the dollar standard should sustain in a short period of time, but not for long.
Keywords :
financial management; investment; US dollar circumfluence; dollar standard; finance; net international investment position; withdrawal channel; Economic indicators; Equations; Finance; Investments; Mathematical model; Stability analysis;
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
DOI :
10.1109/ICMSS.2011.5998596
