Empirical Analysis on US dollar Circumfluence

摘要：

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 1980s, 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.

作者: Wu Yunyan

作者单位: Commercial School of Jiang Han University Wu Han, China

会议类型: 国际会议

会议名称: International Conference on Management and Service Science(2011年第五届管理与服务科学国际会议 MASS 2011)

会议地点: 武汉

会议语种:英文

页码: 1-4

在线出版日期: 2011-08-12（万方平台首次上网日期，不代表论文的发表时间）