Since 2014
Will the Unemployment Rate Fall with a Robust Forecast for the U.S. Current Account Balance?
Journal of Economic & Financial Studies
View Archive Info| Field | Value | |
| Title |
Will the Unemployment Rate Fall with a Robust Forecast for the U.S. Current Account Balance?
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| Creator |
Hojjat,Ph.D., Mehdi
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| Subject |
International Economy, International Finance, International Business
Balance of payment; Current account balance: US trade deficit. E43; J31. |
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| Description |
This paper investigates the relationship between the U.S. current account balance and the U.S. rate of unemployment. Would the improvement in the current account balance cause a fall in the unemployment rate? Although previous researchers argued that U.S. current account balance does not influence U.S. unemployment rate, this article shows that these two are statistically correlated. This article also suggests policy recommendations that benefit both the employment level and the U.S. current account balance.
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| Publisher |
LAR Center Press
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| Contributor |
—
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| Date |
2014-08-20
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article Regression |
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| Format |
application/pdf
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| Identifier |
http://journalofeconomics.org/index.php/site/article/view/88
10.18533/jefs.v2i03.88 |
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| Source |
Journal of Economic & Financial Studies; Vol 2, No 04 (2014): August; 28-33
2379-9471 2379-9463 |
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| Language |
eng
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| Relation |
http://journalofeconomics.org/index.php/site/article/view/88/236
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| Coverage |
USA
Since 1980 Current Account Balance, Unemployment Rate, U.S. Trade Deficit, Balance of Payments |
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| Rights |
Copyright (c) 2014 Mehdi Hojjat,Ph.D.
http://creativecommons.org/licenses/by/4.0 |
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