We revisit the twin deficits hypothesis by examining the long-run cointegrating relationship between the US budget and … the twin deficits hypothesis. Finally, the results suggest that the cointegrating coefficient in the long-run relationship …

We revisit the twin deficits hypothesis by examining the long-run cointegrating relationship between the US budget and … the twin deficits hypothesis. Finally, the results suggest that the cointegrating coefficient in the long-run relationship …

, thereby rejecting the twin-deficits hypothesis for Ghana. Research limitations/implications - For lack of consistent data …

(primary public balance, interest paid on debt and overall public balance) within the so-called twin deficits hypothesis for a … causality according to the twin deficits hy-pothesis is provided only for the case of Austria. In addition, evidence of a causal …

, thereby rejecting the twin-deficits hypothesis for Ghana. Research limitations/implications – For lack of consistent data …

twin deficits hypothesis has been obtained for the selected countries, except for Bulgaria, as the results support non-causality. …

empirically the validity and rationale of the “twin deficits” hypothesis, taking into consideration the impact of the accession of … cointegration methodology, error-correction modeling and Granger causality, we find evidence in favor of the “twin deficits … hypothesis” for the Greek case over the pre-accession period (1960-1980), with causality running from the budget deficit to the …

both deficits and evidence in favor of the Keynesian rationale regarding the twin deficits hypothesis. …