Add to ORKGThis article reexamines the thesis that fiscal deficits cause trade deficits and challenges this explanation of the twin deficits with the following propositions. Differences in competitiveness among nations do not lead to balanced trade. Using a Eurozone case study, the article discusses the nexus between competitiveness and the trade balance. Secondly, the author proposes that causality runs from trade deficits to fiscal deficits when the free trade-balanced trade theory is overthrown, and finally, the article overturns the argument that austerity works
The twin-deficits theory has intrigued economists and policy-makers alike for the past few decades. ...
The ‘twin deficits hypothesis’ (TDH) claims that there is a connection between fiscal and current ac...
In recent years twin deficit has been a subject of investigation for several authors including Darra...
This article reexamines the thesis that fiscal deficits cause trade deficits and challenges this exp...
In this paper we reconsider the twin deficit hypothesis (that fiscal shocks generating budget defici...
According to conventional wisdom, trade balances reflect a country's competitive strength-the lower ...
We revisit the twin deficits hypothesis by examining the long-run cointegrating relationship betwee...
We revisit the twin deficit relationship for a sample of 193 countries over the period 1980-2016, us...
After focusing on fiscal indiscipline, the debate on the Eurozone crisis switched over persistent ex...
This paper uses Blanchard's (1985) model to study the relationship between budget deficits and trade...
After a preliminary focus on increasing government debts, the debate on the “Eurozone crisis” switch...
This dissertation examines the veracity of the economic argument which holds that through the employ...
In this paper, we study the co-movement of the government budget balance and the trade balance at bu...
Public debt is a burden on future electors and taxpayers. In absence of constitutional constraints, ...
This paper analyses the causes of the Eurozone crisis. In doing so it carefully surveys authors from...
The twin-deficits theory has intrigued economists and policy-makers alike for the past few decades. ...
The ‘twin deficits hypothesis’ (TDH) claims that there is a connection between fiscal and current ac...
In recent years twin deficit has been a subject of investigation for several authors including Darra...
This article reexamines the thesis that fiscal deficits cause trade deficits and challenges this exp...
In this paper we reconsider the twin deficit hypothesis (that fiscal shocks generating budget defici...
According to conventional wisdom, trade balances reflect a country's competitive strength-the lower ...
We revisit the twin deficits hypothesis by examining the long-run cointegrating relationship betwee...
We revisit the twin deficit relationship for a sample of 193 countries over the period 1980-2016, us...
After focusing on fiscal indiscipline, the debate on the Eurozone crisis switched over persistent ex...
This paper uses Blanchard's (1985) model to study the relationship between budget deficits and trade...
After a preliminary focus on increasing government debts, the debate on the “Eurozone crisis” switch...
This dissertation examines the veracity of the economic argument which holds that through the employ...
In this paper, we study the co-movement of the government budget balance and the trade balance at bu...
Public debt is a burden on future electors and taxpayers. In absence of constitutional constraints, ...
This paper analyses the causes of the Eurozone crisis. In doing so it carefully surveys authors from...
The twin-deficits theory has intrigued economists and policy-makers alike for the past few decades. ...
The ‘twin deficits hypothesis’ (TDH) claims that there is a connection between fiscal and current ac...
In recent years twin deficit has been a subject of investigation for several authors including Darra...