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Threshold cointegration and the short-run dynamics of twin deficit hypothesis in African countries
This paper examines the relationship between the fiscal deficit and the current account deficit using the threshold cointegration approach of Hansen and Seo (2002). Using quarterly data for nine African countries for the...
Threshold cointegration and the short-run dynamics of twin deficit hypothesis in African countries
This paper examines the relationship between the fiscal deficit and the current account deficit using the threshold cointegration approach of Hansen and Seo (2002). Using quarterly data for nine African countries for the...