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Revisiting the twin deficits hypothesis: new evidence from nonlinear tests
This article investigates linear and nonlinear causal linkages between fiscal deficits and current account deficits in a sample of 12 African countries using quarterly data for the period 1980:1–2018:4. The results indicate evidence of unidirectional causality from current account deficits to the fi...
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Main Authors: | , |
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Format: | Default Article |
Published: |
2019
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Subjects: | |
Online Access: | https://hdl.handle.net/2134/11347142.v1 |
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