The twin deficit hypothesis: the case of Bulgaria [PDF]
Financial 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 +4 more sources
Financial integration, euro and the twin deficits of southern Eurozone countries [PDF]
Panoeconomicus, 2013 The purpose of this study is the examination of the relationship between fiscal and Current Account balances for the countries of southern eurozone. The twin deficit hypothesis is tested within the context of a portfolio model involving variables from
Kosteletou Nikolina E.
doaj +3 more sources
The Twin Deficit Hypothesis in the MENA Region: Do Geopolitics Matter? [PDF]
Economies, 2021 This paper examines the relationship between fiscal and external balances in MENA oil versus non-oil countries in the context of the twin deficits hypothesis (TDH) using Panel Vector Autoregression- Generalized Methods of Moments PVAR GMM estimation ...
Sarah El-Khishin, Jailan El-Saeed
doaj +3 more sources
Ricardian equivalence or twin deficits hypothesis? Evidence from Serbia [PDF]
Ekonomski 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 +2 more sources
Justification of the twin deficit hypothesis in Bangladesh [PDF]
International Trade, Politics and DevelopmentPurpose – In light of Bangladesh’s economy, the goal of this study is to examine the “Twin Deficit Hypothesis (TDH),” which refers to a link between the budget deficit and the current account deficit.
Mahfuza Maliha Lubna, Sanjoy Kumar Saha
doaj +3 more sources
Contradicting the twin deficits hypothesis: The role of tax revenues composition [PDF]
Panoeconomicus, 2014 The general theory of twin deficits hypothesis does not consider specific characteristics of domestic tax systems, i.e. whether the revenue side of the budget is dominated by indirect or by direct taxes.
Obadić Alka +2 more
doaj +3 more sources
Examining the Twin Deficit Hypothesis: Evidence From Selected SADC Countries
Journal of Management and Research, 2015 This paper investigates the existence of a causal relationship between fiscal balance and current account balance over the period 1980-2011, for nine SADC countries individually.
REGINALD CHAONEKA
doaj +2 more sources
The Twin Deficits Hypothesis: An Empirical Analysis for Tanzania [PDF]
Romanian Economic Journal, 2017 This paper examines the relationship between current account and government budget deficits in Tanzania. The paper tests the validity of the twin deficits hypothesis, using annual time series data for the 1966-2015 period.
Manamba Epaphra
doaj +1 more source
Fiscal deficit and trade deficit nexus in Pakistan: An econometric inquiry [PDF]
Panoeconomicus, 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
Current Account Targeting Hypothesis versus Twin Deficit Hypothesis: the EMU Experience of Portugal [PDF]
SSRN Electronic Journal, 2021 info:eu-repo/semantics ...
Afonso, António, Coelho, José Carlos
openaire +3 more sources