Results 261 to 270 of about 15,720 (303)

The twin deficit hypothesis in Egypt

Journal of Policy Modeling, 2018
Abstract We employ a new approach to the twin deficit hypothesis aimed at enhancing policy making in Egypt. In contrast to the conventional twin deficit hypothesis between the current account, which comprises many items out of governments’ scope of maneuvering, and the budget deficit, we track the causal link between Egypt’s merchandise trade deficit
openaire   +1 more source

ARE THE TWIN DEFICITS REALLY RELATED?

Contemporary Economic Policy, 1989
The emergence of record current‐account and fiscal deficits in the United States during the 1980s draws increasing attention to what has become known as the “twin deficit” problem. Conventional wisdom is that a shift to larger government deficits entails a decline in government saving and results in larger trade deficits, Persistently large trade ...
STEPHEN M. MILLER, FRANK S. RUSSEK
openaire   +1 more source

The twin deficit hypothesis in Greece

2020
We examine the relationship between the current account deficit and the general government deficit in Greece.Furthermore, we check the validity of the twin deficit hypothesis using annual time series data for the 1970-2019 periods.In this work we accept the twin deficit hypothesis which means that there is a positive relationship between the current ...
openaire   +1 more source

The twin deficits in the ASEAN countries

Evolutionary and Institutional Economics Review, 2020
The aim of this study is to assess the relationship between trade balance and public budget in the ASEAN countries. Using yearly data for the period between 1980 and 2012 in ten member states, a long-run relationship between current account balance and net lending emerge, both in ASEAN-6 and in ASEAN-10 countries.
openaire   +3 more sources

Twin Deficits in the European Countries

International Advances in Economic Research, 2013
Public debt is a burden on future electors and taxpayers. In the absence of constitutional constraints, the incumbent government may show the cost of some public expenditures or tax reductions toward the future by financing them via new debt. However, according to the Ricardian theorem of public debt, the burden of debt is always anticipated via ...
Francesco Forte, COSIMO MAGAZZINO
openaire   +2 more sources

Mental retardation and neurological deficits in a twin orangutan

American Journal of Primatology, 1982
AbstractThe second born of a pair of twin orangutans displayed marked behavioral disabilities. To evaluate these disabilities, a series of cognitive, learning, and neurological tests were administered to both twins. The disabled twin showed marked retardation in delayed response and oddity problems and an inability to use tools.
Anne, Savage, Charles T, Snowdon
openaire   +2 more sources

Macroeconomic Policy and the Twin Deficits

1990
Many people think that the pressing economic problems facing the United States can be cured by eliminating its twin deficits - the budget deficit and the trade deficit - via a more stringent fiscal policy. In my view, however, these twin deficits are not the problem.
openaire   +1 more source

"Twin Deficits and Sustainability" [PDF]

, 2006
In the mid to late 1980s, the U.S. economy simultaneously producedÑfor the first time in the postwar periodÑhuge federal budget deficits as well as large current account deficits, together known as the Òtwin deficitsÓ (Blecker 1992; Rock1991). This generated much debate and hand-wringing, most of which focused on supposed Òcrowding-outÓ effects (Wray ...
openaire  

A reassessment of the twin deficits relationship

Applied Economics Letters, 2009
This article provides new evidence on the relationship between the United States budget and current account deficits. Using a testing procedure advocated by Bierens, both deficits are found to be stationary around a nonlinear deterministic trend and are co-trended insofar as they share a common nonlinear deterministic trend.
openaire   +1 more source

Rethinking the Twin Deficits [PDF]

, 2014
This article reexamines the thesis that fiscal deficits cause trade deficits and challenges this explanation of the twin deficits with the following propositions. Differences in competitiveness among nations do not lead to balanced trade. Using a Eurozone case study, the article discusses the nexus between competitiveness and the trade balance ...
openaire