Twin deficits in small open Baltic economies

Twin deficits in small open Baltic economies

This paper analyzes the twin deficit hypothesis - simultaneous current account deficit and budget deficit - in three small open Baltic countries (Estonia, Latvia and Lithuania) running under certain forms of the fixed exchange rate regime. The idea of twin deficits is tested using the vecto...

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Bibliographic Details
Main Authors: Šuliková Veronika, Siničáková Marianna, Horváth Denis
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2014-01-01
Series:Panoeconomicus
Subjects:
twin deficit
current account
budget balance
vector error correction model
The Baltic countries
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1402227S.pdf

Internet

http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1402227S.pdf

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