Narrow search
Showing 1 - 10 of 27
Cover Image
Hans Werner Sinn and Timo Wollmershaeuser's target loans, current account balances and capital flows : the ECB's rescue faciliy. ; a comment
Schilirò, Daniele - In: Journal of advanced research in law and economics : JARLE 4 (2013) 1, pp. 66-69
Persistent link: https://www.econbiz.de/10010530278
Cover Image
Assessing the Sustainability of External Imbalances in the European Union
Afonso, António - 2017
We assess the sustainability of the current account (CA) balance, net international investment position (NIIP) and net external debt (NED) in a sample of EU countries using two complementary approaches. First, we employ both time-series and panel-data stationarity tests of current account...
Persistent link: https://www.econbiz.de/10012955469
Cover Image
The Role of Fiscal Policies for External Imbalances : Evidence from the European Union
Afonso, António; Coelho, José - 2021
two deficits is asymmetric and the negative impact of the recent Eurozone banking and sovereign debt crisis on the current … positive impact of the budget balance on the current account balance is higher in the cases of non-Eurozone countries, high … budget deficit countries, and low exports countries, whereas it is lower in the cases of Eurozone countries, low budget …
Persistent link: https://www.econbiz.de/10013247757
Cover Image
Twin deficits through the looking glass : time-varying analysis in the euro area
Afonso, António; Coelho, José Carlos - 2022
Using two measures of the fiscal position, the cyclically adjusted primary budget balance (CAPB) and the total budget balance, we assess the Twin Deficit Hypothesis for the Euro Area in the period 1995-2020. Furthermore, we estimate time-varying coefficients of the current account balance...
Persistent link: https://www.econbiz.de/10012813893
Cover Image
The role of fiscal policies for external imbalances : evidence from the European Union
Afonso, António; Coelho, José Carlos - 2021
two deficits is asymmetric and the negative impact of the recent Eurozone banking and sovereign debt crisis on the current … positive impact of the budget balance on the current account balance is higher in the cases of non-Eurozone countries, high … budget deficit countries, and low exports countries, whereas it is lower in the cases of Eurozone countries, low budget …
Persistent link: https://www.econbiz.de/10012504606
Cover Image
Decomposing and Analysing the Determinants of Current Accounts’ Cyclicality : Evidence from the Euro Area
Afonso, António - 2018
In this paper, we decompose the current account (CA) balance in 19 Euro area countries into cyclical and non-cyclical components. For the period 1999:Q1 to 2015:Q4, we compute income elasticities of imports and of exports via an alternative novel and improved approach by running time-varying...
Persistent link: https://www.econbiz.de/10012916486
Cover Image
Current Account Imbalances in the Euro Area (Draft Version)
Ahearne, Alan G.; Schmitz, Birgit; Hagen, Jürgen von - 2009
The dispersion in current account balances among countries in the euro area has widened markedly over the past decade-and-a-half, and especially since 1999. We decompose current account positions for euro area countries into intra-euro-area balances and extra-euroarea balances and examine the...
Persistent link: https://www.econbiz.de/10014206125
Cover Image
Twin Deficits Through the Looking Glass : Time-Varying Analysis in the Euro Area
Afonso, António; Coelho, José Carlos - 2022
Using two measures of the fiscal position, the cyclically adjusted primary budget balance (CAPB) and the total budget balance, we assess the Twin Deficit Hypothesis for the Euro Area in the period 1995-2020. Furthermore, we estimate time-varying coefficients of the current account balance...
Persistent link: https://www.econbiz.de/10013306033
Cover Image
Twin Deficits Through the Looking Glass : Time-Varying Analysis in the Euro Area
Afonso, António; Coelho, José - 2022
Using two measures of the fiscal position, the cyclically adjusted primary budget balance (CAPB) and the total budget balance, we assess the Twin Deficit Hypothesis for the Euro Area in the period 1995-2020. Furthermore, we estimate time-varying coefficients of the current account balance...
Persistent link: https://www.econbiz.de/10013307056
Cover Image
Twin deficits through the looking glass : time-varying analysis in the Euro area
Afonso, António; Coelho, José Carlos - In: Economic change & restructuring 56 (2023) 4, pp. 2087-2110
Persistent link: https://www.econbiz.de/10014336196