Using the modified Wald test suggested by Toda and Yamamoto, the study examines
whether higher budget deficits lead to greater current account deficits in Korea. This test …

The present study investigates the causality relationship between the external (trade and
current account) balance and government budget balance for five countries of the euro …

Purpose This study investigates the dynamic causality linkages between fiscal deficits and
selected macroeconomic indicators in a panel of five East African Community countries …

This paper applies demand and supply analysis to examine the government bond yield in
Spain. The sample ranges from 1999. Q1 to 2014. Q2. The EGARCH model is employed in …

In the 1980 s the US economy was marked by until then rather unusual external and internal
deficits. Similar situation gradually appeared in other countries. During last decade it was …

This paper analyzes two fundamental hypotheses of fiscal policy literature: the well-known
Keynesian Twin Deficits and the Ricardian Equivalence. Using yearly data for the 1970 …

The importance of the decisions made by central banks and governments has been
increasing recently, especially in the EU countries. The relationships between short-term …

This paper explores the relationship between fiscal deficit, trade deficit and private
consumption in European countries in the years 1970-2010. The aim of the study is to test …

This article investigates the relationship between budget deficit and current account deficit
using ARDL bound testing approach for the develo** country South Africa over the period …

Fiscal policy's impact on the interest rate has a controversial background. To reconcile
theoretical uncertainties, researchers and policymakers often relied on empirical …