Twin deficits revisited : a role for fiscal institutions?

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 estimation procedures. The analysis accounts also for t...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Huart, Florence (author), Jalles, João Tovar (author), Stanek, Piotr (author)
Format: workingPaper
Language:eng
Published: 2018
Subjects:
current account
fiscal balance
fiscal rules
panel data
system GMM
Online Access:http://hdl.handle.net/10400.5/16012
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/16012

Internet

http://hdl.handle.net/10400.5/16012

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