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Budget deficit persistence and the twin deficits hypothesis [PDF]
Journal of International Economics, 1999 Abstract This paper gauges the twin deficits hypothesis, i.e. a positive causal relationship between the external and budget deficits. This relationship is measured by the responses of the external deficit to changes in the budget deficit induced by Blanchard's model.
Michel Normandin
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The US “Twin Deficits”: A Reappraisal [PDF]
Recherches économiques de Louvain, 1999 RésuméUne importante littérature empirique a analysé, depuis le milieu des années 80, la relation entre les déficits budgétaires et commerciaux des Etats-Unis, sans jamais atteindre un consensus. Deux éléments peu-vent être pris en compte pour expliquer ces résultats contradictoires.
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Assessing the Twin and Triple Deficit Hypotheses in Developing Economies: A Panel Causality Analysis
Contributions To Economics, 2018 Twin deficit hypothesis, regarding Keynesian and Ricardian perspective, introducing of the linkage between budget deficit and current account deficit is broadly investigated.
Zafer ÖZTÜRK
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The American Journal of Economics and Sociology, 1999
Abstract This paper outlines new developments in the sociology of money. It highlights certain aspects of Post Keynesian monetarism and explores Keynesian concepts of emotions relative to economics and economic sociology. Gunnar Myrdal's work on time and money contributes to the discussion.
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Abstract This paper outlines new developments in the sociology of money. It highlights certain aspects of Post Keynesian monetarism and explores Keynesian concepts of emotions relative to economics and economic sociology. Gunnar Myrdal's work on time and money contributes to the discussion.
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FURTHER ANALYSIS OF THE TWIN DEFICITS
Contemporary Economic Policy, 1992In a 1989 Contemporary Policy Issues article Miller and Russek published findings of a causal relation between the fiscal deficit and the trade deficit. However, they found no overwhelming support for reverse causation between the twin deficits. The authors of the analysis here gathered annual data on U.S.
BASUDEB BISWAS +2 more
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Foreign Trade Review, 2016
Higher and persistent level of fiscal deficit and current account deficit is the problem of the day for Indian economy. There exists an argument that higher fiscal deficit is the major factor behind worsening balance of payments position. However, there is no identical perception on the relationship between fiscal deficit and current account deficit ...
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Higher and persistent level of fiscal deficit and current account deficit is the problem of the day for Indian economy. There exists an argument that higher fiscal deficit is the major factor behind worsening balance of payments position. However, there is no identical perception on the relationship between fiscal deficit and current account deficit ...
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Widening Twin Deficits in the Subzones
2021The two CFA subregions have experienced current account and fiscal deficits in recent years, mostly linked to adverse terms-of-trade shocks. These have been amplified in the wake of the pandemic.
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Twin Deficits: Apparition or Reality?
Applied Economics, 2002This paper uses cointegration and multicointegration analysis to explore the issue of twin deficits for the USA in the post-World War II period. The results suggest that prior to 1974 the systems of fiscal and foreign sector variables exhibit multicointegration.
Lori L. Leachman, Bill Francis
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1992
My message in this chapter is that deficits can be good for you. In fact, deficits can be too large, and they can be too small. But we cannot tell which until we know how to measure them. And most people talking about deficits really have no notion how they are measured. The fact is that the way we do measure them has very uncertain economic relevance,
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My message in this chapter is that deficits can be good for you. In fact, deficits can be too large, and they can be too small. But we cannot tell which until we know how to measure them. And most people talking about deficits really have no notion how they are measured. The fact is that the way we do measure them has very uncertain economic relevance,
openaire +1 more source