Results 261 to 270 of about 662,882 (291)

THE TURKISH CURRENT ACCOUNT DEFICIT

Economic Inquiry, 2018
During the 2011–2015 period, Turkey's current account deficit as a percentage of gross domestic product (GDP) was one of the largest among the Organization for Economic Co‐operation and Development countries. In this paper, we examine if this deficit can be considered optimal using the Engel and Rogers's approach. In this framework, the current account
Osman F. Abbasoğlu, Ayşe İmrohoroğlu, Ayşe Kabukçuoğlu   +2 more
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Red signals: current account deficits and sustainability

Economics Letters, 2004
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Raybaudi Marzia, Sola Martin, Spagnolo Fabio   +2 more
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The sustainability of current account deficits

Journal of Economic Dynamics and Control, 1993
Abstract This paper proposes a new method of determining whether a country is likely to be able to sustain its current account deficits without defaulting on its debt. It is based on the notion of the national intertemporal budget constraint (IBC) which is derived from a forward solution of the balance payments identity.
M.R. Wickens, Merih Uctum
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Accounting for US current account deficits: an empirical investigation

Applied Economics, 1997
The sources of US current account deficits are investigated using a number of macroeconomic variables and a vector error correction model. The variables are those typically emphasized by the traditional income - expenditure approach and the intertemporal (Ricardian) approach. The results indicate that macroeconomic variables explain the current account
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Sustainable and Excessive Current Account Deficits

1997
The abundance of private capital flows confronts many emerging-market authorities with a transfer problem. They must decide whether to accept or resist the net capital inflow, or how much to accept and how much to resist. This paper aims at assisting that decision by focusing on the rationale, the sustainability and the source of protracted private ...
Reisen, Helmut, Reisen, Helmut
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Investigating Saudi Arabia's current account deficit

International Journal of Managerial and Financial Accounting, 2021
The Kingdom of Saudi Arabia (KSA) recently introduced a sweeping new package of social and economic reforms, setting the kingdom firmly on the path toward a diversified economic system.
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ARE THE U.S. CURRENT ACCOUNT DEFICITS REALLY SUSTAINABLE?

International Economic Journal, 1999
We have tested for a long-run relationship between four U.S. Export measures and analogous import measures (measured in nominal and real terms, levels and deflated by GNP) in the 1967-1994 period using quarterly data. Using various econometric tests that include standard Engle-Granger cointegration tests and two tests that allow for test-determined ...
Fountas Stilianos, Wu Jyh-Lin
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Mercantilism and the Current Account Deficit

2016
In the last chapter, I presented evidence linking the current account deficit to the US housing boom, which raises the question of what drove the increase in the current account deficit. In this chapter, I explore the cause of the growth of the current account deficit and the accompanying capital flow bonanza during the US housing boom.
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Is the Current Account Deficit Sustainable?

Australian Economic Review, 1989
AbstractThis article argues that Australia's savings behaviour relative to its investment opportunities ensures a structural current account deficit which is fundamentally sustainable. In fact considerable scope seems to exist for it to widen further, irrespective of fiscal tightening that has occurred during the last few years, without alarming ...
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Current Account Deficits: The Australian Debate [PDF]

, 2007
This paper documents the clear change of view, which has taken place in Australia over the past three decades or so, concerning the relevance of the current account deficit for policy. Historical experience under a fixed exchange rate regime suggested that large persistent deficits were unsustainable and could leave the economy vulnerable to sudden ...
Rochelle Belkar, Lynne Cockerell, Christopher Kent   +2 more
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