Ferda, HALICIOGLU; Kasim, EREN - Volkswirtschaftliche Fakultät, … - 2013
This paper provides fresh evidence on the validity of twin deficit and the Feldstein-Horioka hypotheses for Turkey during the period of 1987-2004 using bounds testing approach to cointegration. In order to explain the main determinants of the current account deficits in the long-run, the fiscal...