Twin Deficits Revisited: a role for fiscal institutions?

A Afonso, F Huart, JT Jalles, P Stanek - Journal of International Money and …, 2022 - Elsevier
We revisit the twin-deficits relationship for a sample of 65 countries with fiscal rules over the
period 1985–2015, using a panel data estimation methods. Our analysis accounts for the …

Макроекономічна стабільність національної економіки: соціальні, політичні та маркетингові детермінанти

ОВ Люльов - 2018 - essuir.sumdu.edu.ua
Дисертаційна робота присвячена розробленно теоретико-методологічних засад
забезпечення макроекономічної стабільності національної економіки з урахуванням …

[PDF][PDF] Public debt's predictors in EU: Evidence from members and non-members of European Monetary Union

M Pjanić, N Milenković, J Andrašić, B Kalaš… - Economic research …, 2020 - hrcak.srce.hr
The global economic crisis destabilised the public debt of many countries. The purpose of
this paper is to investigate the predictors of public debt in European Union countries divided …

Is external debt sustainable? A probabilistic approach

J Navarro-Ortiz, J Sapena - Economic Modelling, 2020 - Elsevier
We develop a probabilistic approach to measure a country's external debt sustainability.
Using data on international investment position and balance of payments from the …

[PDF][PDF] Current account imbalances and exchange rate volatility: Empirical evidence from Indonesia

H Kuncoro, F Fafurida - Ekonomski horizonti, 2023 - horizonti.ekfak.kg.ac.rs
Whether macroeconomic fundamentals affect the exchange rate volatility in emerging
markets with an inflation-targeting regime or not is highly challenging. In this paper, the …

The nexus between fiscal and current account imbalances in OECD economies

A Afonso, PK Opoku - Applied Economics, 2023 - Taylor & Francis
We re-examine the nexus between fiscal balances and current account balances for 18
OECD countries from 1995Q1 to 2018Q1 using panel cointegration and panel vector …

Institutional determinants of budgetary expenditures. A BMA-based re-evaluation of contemporary theories for OECD countries

K Beck, M Możdżeń - Sustainability, 2020 - mdpi.com
The article tackles the problem of the most important institutional determinants of public
expenditures. Within the traditions of public choice and institutional economics, it tests …

Statistical omissions as the stabilizing factor of net foreign assets in EU countries

M Siranova - International Economics, 2024 - Elsevier
In this paper, we investigate the effect of balance of payments statistical leakages (Net errors
and omissions) on the external solvency of net foreign asset positions in the EU28 sample …

Intertemporal budget constraint and current account sustainability: Evidence from a large emerging economy

M Sahoo, MS Babu, U Dash - Journal of Public Affairs, 2024 - Wiley Online Library
This paper examines the sustainability of the current account deficit (CAD) and validity of the
intertemporal budget constraint of India for the period of 1980 to 2019. The cointegration …

Long-run relationship between exports and imports: current account sustainability tests for the EU

A Afonso, F Huart, JT Jalles, P Stanek - Portuguese Economic Journal, 2020 - Springer
We assess the sustainability of external imbalances for EU countries using panel stationarity
tests of Current Account (CA) balance-to-GDP ratios and panel cointegration of exports and …