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Showing 1 to 3 of 3 for “"twin deficit hypothesis"”.

  1. Fiscal policy and the current account evidence from South Africa

    … (BVARs). Consistent with the predictions of the twin deficit hypothesis, the analysis reports a strong positive relationship between the government budget balance and the current account.

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  2. Essays on current account dynamics and fiscal rules in sub-Saharan Africa

    Large and persistent current account and fiscal deficits coexisting alongside high public debt levels pose significant risks to macroeconomic stability and limit policymaking options. This thesis focuses on the current account dynamics and fiscal policy in the sub-Saharan Africa region. Over the …

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  3. Twin deficit and capital mobility under different monetary policy regimes

    lethbridge