Fiscal Policy And The Current Account
Download Fiscal Policy And The Current Account full books in PDF, epub, and Kindle. Read online free Fiscal Policy And The Current Account ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Fiscal Policy and the Current Account
Author | : International Monetary Fund |
Publsiher | : International Monetary Fund |
Total Pages | : 32 |
Release | : 2010-05-01 |
Genre | : Business & Economics |
ISBN | : 9781455200801 |
Download Fiscal Policy and the Current Account Book in PDF, Epub and Kindle
This paper examines the relationship between fiscal policy and the current account, drawing on a larger country sample than in previous studies and using panel regressions, vector autoregressions, and an analysis of large fiscal and external adjustments. On average, a strengthening in the fiscal balance by 1 percentage point of GDP is associated with a current account improvement of 0.2–0.3 percentage point of GDP. This association is as strong in emerging and low-income countries as it is in advanced economies; and significantly higher when output is above potential.
Fiscal Expansion and External Current Account Balance
Author | : International Monetary Fund |
Publsiher | : International Monetary Fund |
Total Pages | : 46 |
Release | : 1988-11-16 |
Genre | : Business & Economics |
ISBN | : 9781451948622 |
Download Fiscal Expansion and External Current Account Balance Book in PDF, Epub and Kindle
This paper analyzes, in a general equilibrium framework, how fiscal policy transmits its effects to the current account of the balance of payments. In discussing the role of fiscal policies in the Fund’s stabilization programs, the paper compares different approaches to explain the determination of the external balance. The model presented here is based on intertemporal optimization and focuses on the behavior of private and public agents. Some empirical evidence is also presented, based on data from ten Latin American countries. Finally, an appendix presents an integrated system of financial, external, and government accounts.
Fiscal Policy and the Current Account
Author | : Anonim |
Publsiher | : Unknown |
Total Pages | : 0 |
Release | : 2010 |
Genre | : Balance of payments |
ISBN | : OCLC:649799029 |
Download Fiscal Policy and the Current Account Book in PDF, Epub and Kindle
Fiscal Deficits and Current Account Deficits
Author | : Mr.Michael Kumhof,Mr.Douglas Laxton |
Publsiher | : International Monetary Fund |
Total Pages | : 37 |
Release | : 2009-10-01 |
Genre | : Business & Economics |
ISBN | : 9781451873849 |
Download Fiscal Deficits and Current Account Deficits Book in PDF, Epub and Kindle
The effectiveness of recent fiscal stimulus packages significantly depends on the assumption of non-Ricardian savings behavior. We show that, under the same assumption, fiscal deficits can have worrisome implications if they turn out to be permanent. First, if they occur in large countries they significantly raise the world real interest rate. Second, they cause a short run current account deterioration equal to around 50 percent of the fiscal deficit deterioration. Third, the longer run current account deterioration equals almost 75 percent for a large economy such as the United States, and almost 100 percent for a small open economy.
Macroeconomic Policy
Author | : Farrokh K. Langdana |
Publsiher | : Springer Science & Business Media |
Total Pages | : 299 |
Release | : 2013-03-09 |
Genre | : Business & Economics |
ISBN | : 9781475736465 |
Download Macroeconomic Policy Book in PDF, Epub and Kindle
This is an applications-oriented text that demystifies the linkages between monetary and fiscal policies and key macroeconomic variables such as income, unemployment, inflation and interest rates. Specially written "newspaper" articles simulate current macroeconomic news on asset-price bubbles, exchange rates, hyperinflation and more. Exercises and diagrams, and a global perspective – incorporating both developed and emerging economies - make this a broadly useful, real-world oriented text on a complex and shifting subject.
Fiscal policy and the current account
Author | : Anonim |
Publsiher | : Unknown |
Total Pages | : 30 |
Release | : 2010 |
Genre | : Balance of payments |
ISBN | : OCLC:613571990 |
Download Fiscal policy and the current account Book in PDF, Epub and Kindle
This paper examines the relationship between fiscal policy and the current account, drawing on a larger country sample than in previous studies and using panel regressions, vector auto-regressions, and an analysis of large fiscal and external adjustments. On average, a strengthening in the fiscal balance by 1 percentage point of GDP is associated with a current account improvement of 0.2-0.3 percentage point of GDP. This association is as strong in emerging and low-income countries as it is in advanced economies; and significantly higher when output is above potential.
What Determines the Current Account a Cross Sectional and Panel Approach
Author | : Mr.Hamid Faruqee,Guy Debelle |
Publsiher | : International Monetary Fund |
Total Pages | : 42 |
Release | : 1996-06-01 |
Genre | : Business & Economics |
ISBN | : 9781451966701 |
Download What Determines the Current Account a Cross Sectional and Panel Approach Book in PDF, Epub and Kindle
This paper uses cross-section and panel data to examine the determinants of the current account. The empirics find a significant impact of the stage of development and demographic factors in the cross section. Estimating partial-adjustment and error-correction models using panel data, the paper finds a short- and long-run impact of fiscal policy on the current account in the time series. The real exchange rate, the business cycle and the terms of trade are also shown to have short-run effects on the current account, while the stage of development and demographics have longer-run effects.
Policies for Reducing the Current account Deficit
Author | : Anonim |
Publsiher | : Unknown |
Total Pages | : 100 |
Release | : 1989 |
Genre | : Balance of payments |
ISBN | : UCR:31210024857938 |
Download Policies for Reducing the Current account Deficit Book in PDF, Epub and Kindle