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Twin deficits in small open Baltic economies [PDF]

open access: yesPanoeconomicus, 2014
This paper analyzes the twin deficit hypothesis - simultaneous current account deficit and budget deficit - in three small open Baltic countries (Estonia, Latvia and Lithuania) running under certain forms of the fixed exchange rate regime.
Šuliková Veronika   +2 more
doaj   +2 more sources

The twin deficit hypothesis: the case of Bulgaria [PDF]

open access: yesFinancial Theory and Practice, 2010
Recent developments in the Bulgarian economy bring into question the validity of the twin deficit hypothesis. This paper analyses the theoretical foundations of and alternative explanations for this hypothesis and uses different econometric approaches to
Gancho Todorov Ganchev
doaj   +2 more sources

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   +3 more sources

Fiscal deficit and trade deficit nexus in Pakistan: An econometric inquiry [PDF]

open access: yesPanoeconomicus, 2021
This study is an attempt to explore the short-term and long-term effects of the fiscal deficit along with other macroeconomic variables on the deteriorating trade deficit of Pakistan from 1980 to 2018 by using time series estimation techniques ...
Abbas Shujaat, Waheed Abdul
doaj   +1 more source

Twin Deficit Challenge: An Evidence from Pakistan Economy

open access: yesNUML International Journal of Business & Management, 2022
To investigate “Twin Deficit Challenge: An Evidence from Pakistan Economy” this study employed SAM 2010-11 for Pakistan (Dorosh, Niazi, and Nazli, 2015). This study used a static CGE model. The theoretical structure of the core model closely follows the
Hasnain Abbas Naqvi, Amir Hussain Shah, Ghulam Moeen ud Din
doaj   +1 more source

Ricardian equivalence or twin deficits hypothesis? Evidence from Serbia [PDF]

open access: yesEkonomski 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
doaj   +1 more source

Twin Deficits in Developing Economies [PDF]

open access: yesOpen Economies Review, 2018
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Furceri, Davide, Zdzienicka, Aleksandra
openaire   +3 more sources

Finite horizons and the twin deficits [PDF]

open access: yes, 1994
This paper uses Blanchard's (1985) model to study the relationship between budget deficits and trade deficits. The model is applied to annual post-war data from the U.S., Japan, and Germany.
Kenneth Kasa
core   +1 more source

A twin deficit - The issue of the Serbian economy [PDF]

open access: yesEconomic Horizons, 2015
The concept of a twin deficit relates to a budget deficit and a current account deficit. In the literature, there is no unique answer to the question of what the causal relationship between these deficits is.
Nenad Jankovic
doaj   +1 more source

Climate Change, Exchange Rate, Twin Deficit, and Energy Inflation: Application of VAR Model

open access: yesEnergies, 2022
The motivation behind the study is continuous fluctuations in energy prices in Pakistan, so this study aims to investigate the role of a twin deficit, urbanization, climate change, energy production from oil and gas, and the exchange rate in energy ...
Shazia Kousar   +3 more
doaj   +1 more source

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