Budget deficits

This thesis examines the effects of budget deficits on the current account imbalance and inflation in African countries. The aims of this thesis are; first, to use higher frequency data. Most studies in African countries use annual data; by contrast we use quarterly data. Second…

This dissertation addresses three significant questions in public finance. The first chapter proposes a measure of the size of the intertemporal budget deficit which is called the intertemporal budget gap (GAP). The GAP can be used to correct for the deficiencies of annual budge…

This dissertation presents evidence on whether, and by what degree, government budget deficits raise interest rates in Turkey, where unprecedented increases in budget deficits have prevailed since the late 1980s. The increasing size of budget deficits and the financing of these …