Fiscal Policy and the Current Account: Are Microstates Different?

Working Paper No. 12/51

Nopic
This paper examines the empirical link between fiscal policy and the current account focusing on microstates defined as countries with a population of less than 2 million between 1970 and 2009. The paper employs panel regression and panel vector autoregression (VAR) on 155 countries of which 42 are microstates. Panel regression results show that... READ MORE...

Publication date: February 2012
ISBN 9781463937126
$18.00

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Publication date: February 2012

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Publication date: February 2012

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