Similar Search Results

Investigating a threshold effect in twin deficit hypothesis : evidence from the BRICS economies

Okoli, Tochukwu Timothy; Tewari, Devi D.; Ileasanmi, … - In: Cogent economics & finance 9 (2021) 1, pp. 1-22

the deficits among the BRICS economies using the Panel ARDL (1, 1) model with a quarterly data spanning from 2000q1 to …

Persistent link: https://www.econbiz.de/10013183781

Excess Savings and Twin Deficits : The Transmission of Fiscal Stimulus in Open Economies

Aggarwal, Rishabh; Auclert, Adrien; Rognlie, Matthew; … - 2022

We study the effects of debt-financed fiscal transfers in a general equilibrium, heterogeneous-agent model of the world economy. In the long run, increases in government debt anywhere raise the world interest rate and increase private wealth everywhere. In the short run, a country with a...

Persistent link: https://www.econbiz.de/10014030523

Current Account Targeting Hypothesis versus Twin Deficit Hypothesis : the EMU Experience of Portugal

Afonso, António; Coelho, José - 2021

We study the relationship between the government budget balance and the current account balance for Portugal, using quarterly data from 1999 to 2019. On the one hand, the causality tests find a unidirectional relation running from the current account balance to the government budget balance. On...

Persistent link: https://www.econbiz.de/10013220907

Fiscal policy and the twin deficits : structural changes matter

Kim, Wongi - In: Macroeconomic dynamics 28 (2024) 3, pp. 517-545

Persistent link: https://www.econbiz.de/10014519878

The euro-area government spending multiplier at the effective lower bound

Amendola, Adalgiso; Di Serio, Mario; Fragetta, Matteo; … - 2019

We build a factor-augmented interacted panel vector-autoregressive model of the Euro Area (EA) and estimate it with …

Persistent link: https://www.econbiz.de/10012102056

How do macroeconomic imbalances interact? : evidence from a panel VAR analysis

Gnimassoun, Blaise; Mignon, Valérie - In: Macroeconomic dynamics 20 (2016) 7, pp. 1717-1741

Persistent link: https://www.econbiz.de/10011623511

Analyzing the sustainability of current account in ASEAN countries : test of intertemporal borrowing constraints

Kalyoncu, Hüseyin; Kaplan, Muhittin - In: International journal of economics and financial issues … 4 (2014) 3, pp. 564-571

Persistent link: https://www.econbiz.de/10010526951

What determines the current account : intratemporal versus intertemporal factors

Dybka, Piotr; Rubaszek, Michal - In: Finance a úvěr 67 (2017) 1, pp. 2-14

Persistent link: https://www.econbiz.de/10011720680

Long-run determinants of sovereign yields

Afonso, António; Rault, Christophe - 2010

We study sovereign bond yields in OECD countries with a dynamic panel by checking for cross-section dependence …; assessing panel cointegration; and estimating panel error-correction models. The results show that markets consider budgetary … and external imbalances and inflation as relevant determinants of sovereign yields. -- long-term yields ; panel …

Persistent link: https://www.econbiz.de/10008653417

Determinants of current account imbalance in the global economy : a dynamic panel analysis

Kumar Das, Debasish - In: Journal of economic structures : JES; the official … 5 (2016) 8, pp. 1-24

developed, emerging and developing countries during 1980-2011. Using dynamic panel GMM techniques, this study characterizes that …

Persistent link: https://www.econbiz.de/10011458604