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Current account sustainability in Sub-Saharan Africa: Does the exchange rate regime matter?
B Gnimassoun, I Coulibaly - Economic Modelling, 2014 - Elsevier
This paper aims at studying the sustainability of current accounts in Sub-Saharan Africa and
determining whether this sustainability depends on the exchange rate regime. Relying on a …
determining whether this sustainability depends on the exchange rate regime. Relying on a …
Threshold cointegration and the short-run dynamics of twin deficit hypothesis in African countries
This paper examines the relationship between the fiscal deficit and the current account
deficit using the threshold cointegration approach of Hansen and Seo (2002). Using …
deficit using the threshold cointegration approach of Hansen and Seo (2002). Using …
The importance of the exchange rate regime in limiting current account imbalances in sub-Saharan African countries
B Gnimassoun - Journal of International Money and Finance, 2015 - Elsevier
One of the major current concerns of economic policy in develo** countries is the choice
of the appropriate exchange rate regime to consolidate and accelerate the pace of economic …
of the appropriate exchange rate regime to consolidate and accelerate the pace of economic …
Do remittances facilitate a sustainable current account?
We examine how workers' remittances impact on the current account. In doing so, we focus
on how remittances affect the sustainability rather than the size of current account balances …
on how remittances affect the sustainability rather than the size of current account balances …
Fiscal sustainability in India: evidence from Markov switching and threshold regression models
Purpose The purpose of this study is to examine the fiscal sustainability issue by dividing the
fiscal deficit into high and low regimes using the quarterly data from 1997: Q1 to 2013: Q3 …
fiscal deficit into high and low regimes using the quarterly data from 1997: Q1 to 2013: Q3 …
Smooth transition, non-linearity and current account sustainability: Evidence from the European countries
SW Chen - Economic Modelling, 2014 - Elsevier
In this paper we examine three types of nonlinearities, ie, nonlinearity stemming from
structural breaks, sign nonlinearity and size nonlinearity, for ten European countries and …
structural breaks, sign nonlinearity and size nonlinearity, for ten European countries and …
Testing for current account sustainability under assumptions of smooth break and nonlinearity
SW Chen, Z **e - International Review of Economics & Finance, 2015 - Elsevier
In this paper we reexamine the current account sustainability under assumptions of smooth
break and nonlinearity for nine European countries. We test for the null hypothesis of a unit …
break and nonlinearity for nine European countries. We test for the null hypothesis of a unit …
Financial integration, euro and the twin deficits of southern eurozone countries
NE Kosteletou - Panoeconomicus, 2013 - panoeconomicus.org
The purpose of this study is the examination of the relationship between fiscal and Current
Account balances for the countries of southern eurozone. The twin deficit hypothesis is …
Account balances for the countries of southern eurozone. The twin deficit hypothesis is …
Current account sustainability in advanced economies
M Lanzafame - The Journal of International Trade & Economic …, 2014 - Taylor & Francis
This paper investigates the sustainability of current accounts in advanced economies using
a panel of 27 countries and annual data over the 1980–2008 period. Relying on various …
a panel of 27 countries and annual data over the 1980–2008 period. Relying on various …
Are the current account imbalances between emu countries sustainable? Evidence from parametric and non‐parametric tests
Using parametric and non‐parametric estimation techniques, we analyze the sustainability
of the recently growing current account imbalances in the euro area and test whether the …
of the recently growing current account imbalances in the euro area and test whether the …