Twin Deficits: Evidence From Portugal, Italy, Spain and Greece

Abstract Since the mid-2000s, internal and external imbalances have increased in many EU countries. This contributed to the debate over whether government budget deficits affect current account deficits, known as twin deficits hypothesis. It implies that public debt is actually a burden for future t...

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Bibliographic Details
Main Authors: Konstantinos P. Panousis, Minoas Koukouritakis
Format: Article
Language:English
Published: Springer 2020-10-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-020-0924-y
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