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dc.contributor.authorFountas, Stilianosen
dc.identifier.citationFountas, S. (1996). "Testing for the sustainability of the current account deficit in two industrial countries" (Working Paper No. 011) Department of Economics, National University of Ireland, Galway.en
dc.description.abstractThe objective of this paper is to test for the sustainability of the current account deficits in the U.S. and Canada over the 1973-1994 period. Using various unit root and cointegration tests some of which allow for structural changes, we conclude that the real current account deficits-to-GDP ratios are not sustainable.en
dc.publisherNational University of Ireland, Galwayen
dc.relation.ispartofseriesEconomics working papers;011en
dc.subjectDeficit sustainabilityen
dc.subjectRegime shiftsen
dc.titleTesting for the sustainability of the current account deficit in two industrial countriesen
dc.typeWorking Paperen

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