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İkiz Açıklar Hipotezi: Teorik Çerçeve ve Hipoteze Yönelik Yaklaşımlar

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  • Ahmet Atilla UĞUR
  • Pelin KARATAY

Abstract

Twin deficit hypothesis is a phenomenon came up with there is a relation between budget deficit and current account deficit. Whether there is causality relation between these two means of evidence and, if there is a relation, searching course of causality is critically important. Actuality of twin deficit hypothesis and interaction between budget deficit and current account deficit is positive have been determinative at economic policies of open economies. There isn’t a consensus at studies about twin deficit hypothesis. Coming upon is possible both Classical Approach which accepted actuality of theory and Ricardo’s Equivalence Hypothesis which come up with there isn’t a relation between budget deficit and current account deficit. Also Monetary Approach holds a place in studies about this caseuous.

Suggested Citation

  • Ahmet Atilla UĞUR & Pelin KARATAY, 2009. "İkiz Açıklar Hipotezi: Teorik Çerçeve ve Hipoteze Yönelik Yaklaşımlar," Sosyoekonomi Journal, Sosyoekonomi Society, issue 2009-1.
    • Handle: RePEc:sos:sosjrn:090106
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    References listed on IDEAS

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    More about this item

    Keywords

    Budget Deficit; Current Account Deficit; Twin Deficit Hypothesis.;
    All these keywords.

    JEL classification:

    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

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