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May 1, 1991Journal of money credit and banking725 citations

Testing Intertemporal Budget Constraints: Theory and Applications to U. S. Federal Budget and Current Account Deficits

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BTBharat TrehanCWCarl E. Walsh

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Bharat Trehan, Carl E. Walsh, Testing Intertemporal Budget Constraints: Theory and Applications to U. S. Federal Budget and Current Account Deficits, Journal of Money, Credit and Banking, Vol. 23, No. 2 (May, 1991), pp. 206-223

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Trehan et al. (1991) studied this question.

synapsesocial.com/papers/6a18f9d47cbafded8c4f68b7https://doi.org/10.2307/1992777
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