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Twin Deficit Challenge: An Evidence from Pakistan Economy
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
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Ricardian equivalence or twin deficits hypothesis? Evidence from Serbia [PDF]
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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Twin Deficits in Developing Economies [PDF]
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Furceri, Davide, Zdzienicka, Aleksandra
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Climate Change, Exchange Rate, Twin Deficit, and Energy Inflation: Application of VAR Model
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
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A twin deficit - The issue of the Serbian economy [PDF]
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
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Finite horizons and the twin deficits [PDF]
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. I find that in all three countries there is a significant link between trade deficits and budget deficits, holding constant expected changes in GNP and government ...
Kenneth Kasa
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Twin Deficit Hypothesis and Reverse Causality: An Empirical Study on Turkish Economy
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
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The effect of fiscal deficits on the external imbalances in the European Union [PDF]
This paper analyzes the effect of the fiscal deficit on the current account deficit in the European Union during the period 1995-2018. The purpose is to examine to what extent an increase in government spending affects the deterioration of terms of trade
Josifidis Kosta +2 more
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Explaining India’s current account deficit: a time series perspective [PDF]
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
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When Inflation Drives Twin Deficits Catch in the Eurozone [PDF]
The paper explores the impact of inflation on the validity of the twin deficits hypothesis (TDH) in the Eurozone countries, focussing on how different inflation levels influence twin deficit existence (i.e., a positive relation between fiscal and ...
Barbara Brixova +3 more
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