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  On the Dynamics of the Greek Twin Deficits: Empirical evidence over the period 1960 – 2007
 
 
Title: On the Dynamics of the Greek Twin Deficits: Empirical evidence over the period 1960 – 2007
Author: Pantelidis, Panagiotis
Trachanas, Emmanouil
Athanasenas, Athanasios
Katrakilidis, Constantinos
Appeared in: International journal of economic sciences and applied research
Paging: Volume 2 (2009) nr. 2 pages 9-32
Year: 2009
Contents: One of the most important open macroeconomic issues, during the current globaleconomic recession, concerns the sustainability of persistent budget and trade deficitsas well as possible interactions between them. These deficits are most crucial due tosevere debt servicing costs, faced by today’s economies despite their development level.This paper presents time series evidence over the period 1960 up to 2007, using dataof the Greek Economy. Our results confirm ‘weak’ sustainability of both deficits andevidence in favor of the Keynesian rationale regarding the ‘twin deficits hypothesis’.
Publisher: Kavala Institute of Technology (provided by DOAJ)
Source file: Elektronische Wetenschappelijke Tijdschriften
 
 

                             Details for article 11 of 19 found articles
 
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