Investigating a threshold effect in Twin Deficit Hypothesis: Evidence from the BRICS Economies

Over the years, empirical evidence on twin-deficit hypothesis has been inconsistent. While some support it, others affirm the prevalence of the Ricardian Equivalence. This study therefore examines a nonlinear/threshold relationship between the deficits among the BRICS economies using the Panel ARDL...

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Bibliographic Details
Main Authors: Tochukwu Timothy Okoli, Devi Datt. Tewari, Kehinde Damilola Ileasanmi
Format: Article
Language:English
Published: Taylor & Francis Group 2021-01-01
Series:Cogent Economics & Finance
Subjects:
Online Access:http://dx.doi.org/10.1080/23322039.2021.1886451