DocumentCode
2575227
Title
The interaction between US foreign debt and current account
Author
Yunyan Wu
Author_Institution
Commercial Sch., Jiang Han Univ., Wuhan, China
fYear
2011
fDate
27-29 June 2011
Firstpage
2733
Lastpage
2736
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
finance; investment; US foreign debt; current account deficits; dollar channel; dollar circumfluence; dollar standard; finance channel; net international investment position; withdrawal channel; Economic indicators; Equations; Finance; Investments; Mathematical model; Stability analysis; Dollar Circumfluence; Empirical analysis;
fLanguage
English
Publisher
ieee
Conference_Titel
Computer Science and Service System (CSSS), 2011 International Conference on
Conference_Location
Nanjing
Print_ISBN
978-1-4244-9762-1
Type
conf
DOI
10.1109/CSSS.2011.5972212
Filename
5972212
Link To Document