Twin deficits through the looking Glass : time-varying analysis in the Euro Area

Using two measures of the fiscal position, the cyclically adjusted primary budget balance (CAPB) and the total budget balance, we assess the Twin Deficit Hypothesis for the Euro Area in the period 1995-2020. Furthermore, we estimate time-varying coefficients of the current account balance responses...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Coelho, José Carlos (author)
Format: workingPaper
Language:eng
Published: 2022
Subjects:
CAPB
government balance
current account balance
time-varying coefficients
Eurozone
panel data
Online Access:http://hdl.handle.net/10400.5/23360
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/23360

Internet

http://hdl.handle.net/10400.5/23360

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