Results 1 to 10 of about 662,783 (192)

Adjustment of the US Current Account Deficit [PDF]

open access: yesSSRN Electronic Journal, 2007
We present a two country DGE model and estimate it using Bayesian techniques and euro area and US quarterly data for 1977 2004. In analysing the current accounts we find that a lower US rate of time preference or a higher dollar risk premium could render the deficit sustainable, but that these could push the interest rate to the zero bound.
Kortelainen, Mika
openaire   +5 more sources

Will Japan’s Current Account Turn to Deficit? [PDF]

open access: yes, 2001
Abstract Japan’s current account has been in surplus for many years. From a Japanese perspective, the surplus has provided market outlets for Japanese manufactures and high tech products and has been the basis for capital flows into foreign investment.
F. Gerard Adams, Byron Gangnes
openaire   +3 more sources

Explaining India’s current account deficit: a time series perspective [PDF]

open access: yesJournal of Asian Business and Economic Studies, 2019
Purpose – The purpose of this paper is to examine the issue of high current account deficit (CAD) from various perspectives focussing its behaviour, financing pattern and sustainability for India.
Harendra Kumar Behera   +1 more
doaj   +1 more source

Twin Deficit Hypothesis and Reverse Causality: An Empirical Study on Turkish Economy

open access: yesİstanbul İktisat Dergisi, 2020
The twin deficit hypothesis is a hypothesis suggesting that the current deficit and the budget deficit move together. According to this hypothesis, the existence of a relationship between twovariables is handled in different ways.
Meltem Duğru
doaj   +1 more source

A sustainability analysis of Serbia’s current account deficit [PDF]

open access: yesEkonomski Anali, 2012
The global economic crisis have important implications for international capital movements, which further sharpens the question of the sustainability of permanent current account deficits in Southeast Europe.
Boljanović Srđan
doaj   +1 more source

Contradicting the twin deficits hypothesis: The role of tax revenues composition [PDF]

open access: yesPanoeconomicus, 2014
The general theory of twin deficits hypothesis does not consider specific characteristics of domestic tax systems, i.e. whether the revenue side of the budget is dominated by indirect or by direct taxes.
Obadić Alka   +2 more
doaj   +1 more source

Fiscal Deficits and Current Account Deficits

open access: yesIMF Working Papers, 2009
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Michael Kumhof, Douglas Laxton
openaire   +3 more sources

Financing the current account deficit in Southeastern European countries [PDF]

open access: yesBankarstvo, 2017
The inflows of foreign capital to the Southeastern Europe (SEE) countries before the outbreak of the global financial crisis in 2008 supported the growth of domestic demand, which was partially satisfied by imports.
Kovačević Radovan
doaj   +1 more source

Empirical Study of Twin Deficits in Indonesia: The Relationship Between Causality and Early Warning System of Twin Deficits’ Cause

open access: yesJDE (Journal of Developing Economies), 2016
The aim of this research is to investigate the causality of deficit budget with the current account deficit (twin deficits) in Indonesia and to detect the decision indicators of twin deficit as an early warning system model of twin deficits’ occurrence ...
Prawudya Dery Kuncahyo
doaj   +1 more source

Implications of the U.S. Current Account Deficit [PDF]

open access: yesInternational Finance Discussion Papers, 1989
In 1988, the United States recorded a current account deficit of about $135 billion. The consensus forecast seems to be for little change in the current account in the near term. In this paper, the implications of the U.S. current account deficit and of the consequent buildup in U.S. external debt are examined.
openaire   +2 more sources

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