Fiscal Expansion and External Current Account Balance

Nopic
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... READ MORE...

Publication date: November 1988
ISBN 9781451948622
$10.00

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Publication date: November 1988

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