Current Account Deficit, Budget Deficit and Savings Gap: Is the Twin or Triplet Deficit Hypothesis Valid in G7 Countries?

the effect of budget deficit on current account deficit and economic growth

the twin deficits (budget deficit and current account deficit) have been argued in the economic literature since 1980s. this is a period in which the studies about budget deficit and the current account deficit were significantly increased in the united states. in the economic literature, there are two hypothesis: keynesian hypothesis and ricardian equivalence. the keynesian proposition confirm...

ARDL – Analysis of the Relationship among Exports, FDI, Current Account Deficit and Economic Growth in Pakistan

T his paper empirically examines the relationship among exports, foreign direct investment, current account deficit and economic growth in Pakistan during the period 1975-2016.We adopted the autoregressive distributed lag (ARDL) approach to co-integration together with ECM techniques to trace the long-run as well as the short-run relationships. The results demonstrate the existence o...

The Relationship Between Budget Deficit And Inflation In Iran

Budget Deficit Mythology

Speculations About the Speculation _ David t Beers / itt t^ r\ 11

Optimal Budget Deficit Rules

This paper discusses the problem of the optimal determination of budget deficit limits in cases where the fiscal authority wishes to keep the budget deficit close to a reference value. It is assumed that the fiscal authority minimizes the expected discounted value of squared deviations from the reference value. Lump-sum and proportional intervention costs are considered. This paper is also an e...