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Analysis of twin deficits hypothesis in Indonesia and its impact on financial crisis [PDF]
This study aims to analyze the relationship between the current account and budget deficit (twin deficits hypothesis), measuring the account performance and other macroeconomic indicators in predicting the debt crisis in Indonesia.
Angga Erlando, Rossanto Dwi Handoyo
exaly +5 more sources
“Twin deficits” in Greece: in search of causality [PDF]
Abstract:The paper discusses the trajectories of the Greek public deficit and sovereign debt between 1980 and 2010 and its connection to the political and economic environment of the same period. We pay special attention to the causality between the public and the external deficits in the period after 1995, the post–Maastricht Treaty period.
Christian Schoder, Michalis Nikiforos
exaly +5 more sources
Revisiting the twin deficits hypothesis: a quantile cointegration analysis over the period 1791-2013
We revisit the twin deficits hypothesis by examining the long-run cointegrating relationship between the US budget and trade deficits across various quantiles using a unique dataset for the period 1791–2013.
Nikolaos Antonakakis, Juncal Cuñado
exaly +3 more sources
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 +4 more sources
Twin deficits in small open Baltic economies [PDF]
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 +3 more sources
Twin Deficits in Developing Economies [PDF]
This paper provides new evidence on the existence and magnitude of the “twin deficits” in developing economies. It finds that a one percent of GDP unanticipated increase in the government budget balance improves, on average, the current account balance by 0.8 percentage point of GDP. This effect is substantially larger than that obtained using standard
D. Furceri, A. Zdzienicka
semanticscholar +4 more sources
Twin Deficits: Evidence From Portugal, Italy, Spain and Greece
Since the mid-2000s, internal and external imbalances have increased in many EU countries. This contributed to the debate over whether government budget deficits affect current account deficits, known as twin deficits hypothesis.
Konstantinos P. Panousis +1 more
doaj +2 more sources
Twin deficits revisited: A role for fiscal institutions? [PDF]
We revisit the twin deficit relationship for a sample of 193 countries over the period 1980-2016, using a panel fixed effect (within-group) estimator, bias-corrected least-squares dummy variable, system GMM, and common correlated effects pooled ...
António Afonso +3 more
semanticscholar +5 more sources
PurposeThis study aims to examine the impact of fiscal deficit, exchange rate and trade openness on current account deficit (CAD). The study tried to empirically investigate the ‘twin deficits hypothesis’ and ‘compensation hypothesis’ in the Indian ...
Dhyani Mehta
exaly +2 more sources
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
doaj +3 more sources

