Binatli, Ayla Oğuş; Sohrabji, Niloufer - In: Panoeconomicus 59 (2012) 1, pp. 89-104
We test for sustainability of Turkey’s current account position between 1987 and 2009 using the intertemporal solvency model of Craig S. Hakkio and Mark Rush (1991) and Steven Husted (1992). According to this approach, the intertemporal budget constraint is satisfied if there is cointegration...
