60%, -4% and 6%, a tale of thresholds for EU fiscal and current account developments

We study the relationship between the budget balance and the current account balance for European Union (EU) countries, using quarterly data from 1995 to 2020. Through the use of panel Granger causality tests and a panel SUR model, we conclude that the relationship is bi-directional for the EU panel...

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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Coelho, José Carlos (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2021
Assuntos:
budget deficit
external deficit
European Union
panel data
time series
Texto completo:http://hdl.handle.net/10400.5/22008
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/22008

Texto Completo

http://hdl.handle.net/10400.5/22008

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