The Causality Between Exchange Rate, Public Debt and Trade Balance
Main Article Content
Abstract
The results of the Granger causality between public debt and the trade balance there is a unidirectional causal relationship between the variables meaning that there is a one-way causality runs through public debt to the trade balance, but the trade balance does not cause public debt. Otherwise, it is evidence from the results that there is also one-way causality runs through the exchange rate to public debt and the trade balance, but not through public debt and the trade balance to the exchange rate or public debt and the trade balance does not cause the exchange rate volatility
Article history: Received 19 February 2024
Revised 10 June 2024
Accepted 13 June 2024
SIMILARITY INDEX = 0.00%
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