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We study the relationship between the budget balance and the current account balance for European Union(EU) countries … that the relationship is bi-directional for the EU panelas a whole. Furthermore, we find that in Eurozone countries, before …
Persistent link: https://www.econbiz.de/10012649364
promote growth for the management of the Recovery & Resilience Facility (RRF). We analyse the impact of the EU Cohesion Policy …
Persistent link: https://www.econbiz.de/10012595454
We revisit the relation between budget deficits and current account deficits for 28 European Union countries from 1996 to 2019. We find that an increase in budget deficit of 1 pp of GDP results in a deterioration of the current account deficit of 0.318 pp of GDP, which supports the Twin Deficits...
Persistent link: https://www.econbiz.de/10012504606
The objective is to empirically assess the effects of the European Structural and Investment Funds (ESIF) on the regional convergence of income catching-up of the Objective 1 regions in Spain. The principal added value of the paper is that by using realized investment data, it allows comparison...
Persistent link: https://www.econbiz.de/10012233037