Browsing by Author "Searle, Peter"
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- ItemOpen AccessFiscal policy and the current account evidence from South Africa(2012) Searle, Peter; Mama, Albert Touna; Kotzé, KevinThis paper investigates the link between fiscal policy and the current account in post-apartheid South Africa using Bayesian-Vector Autoregressions (BVARs). Consistent with the predictions of the twin deficit hypothesis, the analysis reports a strong positive relationship between the government budget balance and the current account.