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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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Coelho, José Carlos (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2022
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/23360
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/23360