| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5054840 | Economic Modelling | 2013 | 9 Pages |
Abstract
⺠We study the dynamic linkages between the twin-deficits of five European economies. ⺠We use data from Portugal, Ireland, Italy, Greece and Spain for the period 1971-2009. ⺠We test for the presence of structural breaks and asymmetries. ⺠We provide evidence in favor of the 'twin deficits hypothesis'. ⺠We confirm asymmetric linkages between the two deficits in the long-run time horizon.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Emmanouil Trachanas, Constantinos Katrakilidis,