2016, Volume 69 - Issue 1
RSS feed citation: at CitEc
Publication date: 23 February 2016
EFFECT OF RECENT U.S. MONETARY POLICY ON THE BALANCE OF TRADE.Read the article
CAN DEBT CEILING AND GOVERNMENT SHUTDOWN PREDICT US REAL STOCK RETURNS? A BOOSTRAP ROLLING WINDOW APPROACHRead the article
CHARACTERISING THE SOUTH AFRICA BUSINESS CYCLE: IS GDP DIFFERENCE-STATIONARY OR TREND-STATIONARY IN A MARKOV-SWITCHING SETUP?Read the article
Deergha Raj ADHIKARI, III College Of Business Administration, University Of Louisiana At Lafayette, Louisiania, USA
Our study develops a model of the balance of trade, which is a function of domestic (U.S.) and foreign real GDPs, exchange rate of U.S. dollar, and monetary policy (credit easing) dummy. We then empirically test the model on a panel data for the U.S. and BRICS countries over the period, 1995-2014, and find that the Fed’s quantitative easing has no effect, whatsoever, on U.S. balance of trade.
C13, E32, E58, F41
Business Fluctuations and Cycles, Central Banks and their Policies, Causality, Open Economy Macroeconomics
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