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