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Fiscal and current account imbalances : the cases of Germany and Portugal

Afonso, António; Coelho, José Carlos - In: The world economy : the leading journal on … 47 (2024) 1, pp. 145-168

Persistent link: https://www.econbiz.de/10014478128

Fiscal and current account imbalances : the cases of Germany and Portugal

Afonso, António; Coelho, José Carlos - 2021

We investigate the bilateral relationship between government budget balances and current account balances for Portugal and Germany. We find that the response of the current account balance to the budget balance is greater in Portugal than in Germany. On the other hand, the response of the budget...

Persistent link: https://www.econbiz.de/10014293956

Reverse Causality in Global Current Accounts

Schnabl, Gunther - 2010

The paper discusses global imbalances under the aspect of an asymmetric world monetary system. It identifies the US and Germany as center countries with rising/high current account deficits (US) and surpluses (Germany). These are matched by current account surpluses of countries stabilizing...

Persistent link: https://www.econbiz.de/10013142986

Income inequality and Germany's current account surplus

Grüning, Patrick; Theobald, Thomas; Treeck, Till van - 2015

Als Deutschland dem Eurosystem beitrat, zeigte die Leistungsbilanz ein Defizit. Seit über einer Dekade jedoch hat die … diskutierten Ursachen wurde die Verbesserung der deutschen Leistungsbilanz von starken Veränderungen in der personellen und noch …

Persistent link: https://www.econbiz.de/10010481120