Results 11 to 20 of about 162,250 (260)

The impact of loans from international financial institutions on the economy of Serbia [PDF]

open access: yesMeđunarodni Problemi, 2011
The rapid foreign credit growth has been one of the main drivers of growth in Serbia in recent years. As growth has accelerated, the Serbian economy has become burdened with considerable external imbalances and current account deficits. As a result of
Hrustić Hasiba
doaj   +1 more source

Fiscal Deficits and Current Account Deficits

open access: yesIMF Working Papers, 2009
The effectiveness of recent fiscal stimulus packages significantly depends on the assumption of non-Ricardian savings behavior. We show that, under the same assumption, fiscal deficits can have worrisome implications if they turn out to be permanent. First, if they occur in large countries they significantly raise the world real interest rate.
Michael Kumhof, Douglas Laxton
openaire   +3 more sources

Reverse Causality between Fiscal and Current Account Deficits in ASEAN: Evidence from Panel Econometric Analysis

open access: yesMathematics, 2021
This study aims to explore the causal relationship between fiscal deficit (FD) and current account deficit (CAD) along with policy recommendations based on long-run and short-run dynamics and sensitivities. A panel data span from 1990 to 2019 is analyzed
Maran Marimuthu   +2 more
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

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.
openaire   +3 more sources

TÜRKİYE'DE CARİ İŞLEMLER AÇIKLARININ SÜRDÜRÜLEBİLİRLİĞİ

open access: yesJournal of Business Administration and Social Studies, 2021
Current account sustailiability is one of the main problems in open economies. Since high current account deficits increase the probability of economic crisis, it becomes neccesary to determine whether the current account deficits are sustainable or not.
Çiğdem Börke TUNALI
doaj  

Trade Openness, Income Levels, Economic Growth, and Current Account Balances

open access: yesCumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi, 2022
The aim of this study is to investigate if the trade openness has an effect on the income levels, growth rates, and on the current account balances together for the first time in the literature. Two different trade openness measures are used.
Murat Çetrez
doaj   +1 more source

Current Account Deficits in Rich Countries [PDF]

open access: yesSSRN Electronic Journal, 2007
Current account imbalances have steadily increased in rich countries over the last 20 years. While the U.S. current account deficit dominates the numbers and the news, other countries, especially within the Euro area, are also running large deficits.
openaire   +3 more sources

THE AVAILABILITY AND EFFICIENCY OF FINANCIAL RESOURCES OF CURRENT ACCOUNT DEFICITS

open access: yesKAÜ-İİBF Dergisi, 2019
The research seeks to analyze the current account deficit in Turkish economy between 2006 and 2018 on the financial resources by taking into account the sustainability conditions.
Ömer Uğur Bulut
doaj   +1 more source

Are the twin or triple deficits hypotheses applicable to post-communist countries? [PDF]

open access: yesPanoeconomicus, 2020
This study examines the validity of the twin or triple deficits hypotheses using bootstrap panel Granger causality analysis and an annual panel dataset of six post-communist countries (Russia, Poland, Ukraine, Romania, the Czech Republic, and Hungary ...
Şen Hüseyin, Kaya Ayşe
doaj   +1 more source

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