Twin deficits through the looking glass: time-varying analysis in the Euro area
نویسندگان
چکیده
Abstract Using two measures of the fiscal position, cyclically adjusted primary budget balance (CAPB) and total balance, we assess Twin Deficit Hypothesis for Euro Area in period 1995–2020. Furthermore, estimate time-varying coefficients current account responses to changes CAPB government identify determinants these responses. The addition being are also balance. public debt, temporal influence
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ژورنال
عنوان ژورنال: Economic change and restructuring
سال: 2023
ISSN: ['1574-0277', '1573-9414']
DOI: https://doi.org/10.1007/s10644-023-09534-4