Results 11 to 20 of about 2,492,339 (295)
THE IMPACT OF ECONOMIC, POLITICAL, AND INSTITUTIONAL FACTORS ON BUDGET BALANCES OF THE HEAVILY INDEBTED EUROPEAN COUNTRIES [PDF]
Journal of Urban and Regional Analysis, 2023 The present study identifies socioeconomic, political, and institutional factors that shape extensive budget unbalances in four European Mediterranean countries (Portugal, Italy, Greece, and Spain), causing significant deficits and a public debt ...
George Petrakos +4 more
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Current account balances and output volatility [PDF]
Economic Modelling, 2013 Abstract In this paper, we examine the empirical relationship between current account balance and output volatility in a panel data framework using annual data from 185 countries over the period from 1950 to 2010. In our static panel data analysis, we find that a larger current account deficit is associated with higher output volatility, particularly
Ceyhun Elgin, Tolga Umut Kuzubas
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THE IMPACT OF EXTERNAL SHOCKS ON THE CURRENT ACCOUNT BALANCE OF THE REPUBLIC OF BELARUS
Research on Enterprise in Modern Economy Theory and Practice, 2022 Background and Objective: Foreign economic flows reflected in the country’s balance of payments are an important factor in economic stability. At the same time, export and import flows of goods, services and incomes largely depend on external factors ...
Natallia Bandarenka
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Econometric modelling of Serbian current account determinants: Jackknife Model Averaging approach [PDF]
Industrija, 2014 This research aims to model Serbian current account determinants for the period Q1 2002 - Q4 2012. Taking into account the majority of relevant determinants, using the Jackknife Model Averaging approach, 48 different models have been estimated, where ...
Petrović Predrag
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Culture and current account balances [PDF]
Applied Economics Letters, 2014 This article contributes to the literature of current account balances by introducing cultural variables that until now have been omitted. The World Values Survey indicates that the Roman Catholics do not consider thrift as important as others. We propose that Catholic countries tend to run current account deficits.
Heimonen, Kari +3 more
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Three Current Account Balances: A "Semi-Structuralist" Interpretation [PDF]
Japan and the World Economy, 2005 Three large current account imbalances—one deficit (the United States) and two surpluses (Japan and the Euro area)—are subjected to a minimalist structural interpretation. Though simple, this interpretation enables us to assess how much of each of the imbalances require a real exchange rate adjustment.
Menzie D. Chinn, Jaewoo Lee
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The Role of Macroeconomic Stability in Current Account Balances [PDF]
Istanbul Journal of Economics / İstanbul İktisat Dergisi, 2021 Abstract The role of macroeconomic stability in current account balances has not been studied with a calculated index in the literature until now. It is aimed to find out the role of macroeconomic stability in current account balances for the first time in the study.
Murat Cetrez, Yasin Baris Altayligil
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Ricardian equivalence or twin deficits hypothesis? Evidence from Serbia [PDF]
Ekonomski Anali, 2023 This study investigates empirically whether higher budget deficits worsen the current account balance in Serbia, which is in line with the twin deficit hypothesis.This prediction is very different from Ricardian equivalence theory, which implies
Rašković Jelena
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IS INDONESIA’S CURRENT ACCOUNT BALANCE OPTIMAL? EVIDENCE FROM AN INTERTEMPORAL APPROACH
Buletin Ekonomi Moneter dan Perbankan, 2022 This study investigates whether Indonesia’s Current Account (CA) balance is intertemporally solvent. We provide fresh evidence on Indonesia’s CA deficit solvency by considering post-crisis period data and conducting sub-sample analysis.
Bhavesh Garg, K.P. Prabheesh
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Structural and Cyclical Factors behind Current Account Balances [PDF]
Review of International Economics, 2013 AbstractGlobal external imbalances widened persistently over the last several years and have narrowed abruptly over the course of the financial crisis. Understanding the extent to which structural or cyclical factors may have driven these patterns is important to assess the likely evolution of global imbalances going forward, as well as the potential ...
Callista, C +2 more
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