Nakibullah, Ashraf - In: Economic Inquiry 31 (1993) 2, pp. 298-313
Between 1974:1-1989:2, it appears that U.S. budget deficits and real exchange rates are correlated. This paper attempts to provide a structural explanation of these comovements in government budget deficits and exchange rates. The model expands on previous wo rks to include fiscal policy...