![Twin deficits hypothesis / Shock / Gross domestic product / Government budget deficit / Economic growth / Economy of the United States / Real business cycle theory / Christina Romer / Macroeconomics / Economics / Public economics Twin deficits hypothesis / Shock / Gross domestic product / Government budget deficit / Economic growth / Economy of the United States / Real business cycle theory / Christina Romer / Macroeconomics / Economics / Public economics](https://www.pdfsearch.io/img/d2d50f16ad4bcf5d66cb2f82b8c8eba2.jpg)
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City Elmendorf / Hanover / / Continent Asia / / Country Kuwait / United States / / Currency USD / / / Facility Dartmouth College / Investment building / Jay Shambaugh† Dartmouth College / / IndustryTerm income accounting identities / / Organization World Bank / Department of Economics / Dartmouth College / US government / NBER / / Person Daniel Keum / Fiscal Shocks∗ James Feyrer / / Position general economic circumstances / / ProvinceOrState New Hampshire / / Region East Asia / /
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