Fiscal policy and the current account evidence from South Africa
Master Thesis
2012
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University of Cape Town
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Abstract
This 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.
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Searle, P. 2012. Fiscal policy and the current account evidence from South Africa. University of Cape Town.