Intertemporal Balance Of Payments
DOWNLOAD
Download Intertemporal Balance Of Payments PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Intertemporal Balance Of Payments book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Intertemporal Balance Of Payments
DOWNLOAD
Author : Pentti J. K. Kouri
language : en
Publisher:
Release Date : 1983
Intertemporal Balance Of Payments written by Pentti J. K. Kouri and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Balance of payments categories.
The Intertemporal Approach To The Current Account Of The Balance Of Payments
DOWNLOAD
Author : Martin O'Hare
language : en
Publisher:
Release Date : 1995
The Intertemporal Approach To The Current Account Of The Balance Of Payments written by Martin O'Hare and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Accounts current categories.
Balance Of Payments And Exchange Rate Theories
DOWNLOAD
Author : Norman C. Miller
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-01-01
Balance Of Payments And Exchange Rate Theories written by Norman C. Miller and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-01 with Business & Economics categories.
Norman Miller provides a fresh perspective on balance of payments and exchange rate theories, including intertemporal open economy models that focus on the optimum current account. To this end, he proves that any non-zero balance of payments must always be associated with a disequilibrium in either a commodity or an asset market. In this rigorous yet readable book, important welfare and policy implications are carefully examined. Norman Miller develops a new theory of the balance of payments associated with commodity market disequilibrium, a loanable funds theory of exchange rate and a modern foreign exchange market theory of the exchange rate that incorporates capital flows.
Intertemporal Adjustment And Fiscal Policy Under A Fixed Exchange Rate Regime
DOWNLOAD
Author : Marcel Aloy
language : en
Publisher: World Bank Publications
Release Date : 2008
Intertemporal Adjustment And Fiscal Policy Under A Fixed Exchange Rate Regime written by Marcel Aloy and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Currencies and Exchange Rates categories.
Abstract: The paper presents a dynamic model for small to medium open economies operating under a fixed exchange rate regime. The model provides a partial explanation of the channels through which fiscal and monetary policy affects the real exchange rate. An empirical investigation is conducted for the case of Argentina during the currency board period of 1991-2001. Empirical estimates show that fiscal policy may indeed be an efficient instrument for promoting macroeconomic stability insofar as it encourages convergence toward long-run equilibrium and alters the long-term balance between exports and consumption, both private and public. The simulation applied to Argentina shows that if the share of public spending in the economy is higher than the share of imports, an increase in the tax rate will stimulate capital stock slightly, at least in the short term, and depreciate the real effective exchange rate. In the long run, the fiscal policy affects the value of the real exchange rate and consequently external competitiveness.
Intertemporal Choice The Public Sector And Canada S Balance Of Payments
DOWNLOAD
Author : Gordon R. Sparks
language : en
Publisher: Kingston, Ont. : Institute for Economic Research, Queen's University
Release Date : 1981
Intertemporal Choice The Public Sector And Canada S Balance Of Payments written by Gordon R. Sparks and has been published by Kingston, Ont. : Institute for Economic Research, Queen's University this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with categories.
Fiscal Expansion And External Current Account Balance
DOWNLOAD
Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1988-11-16
Fiscal Expansion And External Current Account Balance written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-11-16 with Business & Economics categories.
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.
Are Exchange Rates Misaligned Or Excessively Volatile
DOWNLOAD
Author : Juann H. Hung
language : en
Publisher:
Release Date : 1990
Are Exchange Rates Misaligned Or Excessively Volatile written by Juann H. Hung and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Foreign exchange categories.
On The Solvency Of Nations
DOWNLOAD
Author : Ceyhun Bora Durdu
language : en
Publisher: International Monetary Fund
Release Date : 2010-02-01
On The Solvency Of Nations written by Ceyhun Bora Durdu and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-02-01 with Business & Economics categories.
Theory predicts that a nation's stochastic intertemporal budget constraint is satisfied if net exports (NX) and net foreign assets (NFA) satisfy an error-correction specification with a residual integrated of any finite order. We test this hypothesis using data for 21 industrial and 29 emerging economies for the 1970-2004 period to search for existence of negative relationship between NX and NFA. The results show that, despite the large global imbalances of recent years, NX and NFA positions are consistent with external solvency. Pooled Mean Group error-correction estimation yields evidence of a statistically significant, negative response of the NX-GDP ratio to the NFA-GDP ratio that is largely homogeneous across countries.
The Balance Of Payments Analysis Of Developing Economies
DOWNLOAD
Author : Olumuyiwa Samson Adedeji
language : en
Publisher: Routledge
Release Date : 2017-11-30
The Balance Of Payments Analysis Of Developing Economies written by Olumuyiwa Samson Adedeji and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-30 with Business & Economics categories.
Developing countries - given their extreme economic vulnerability - are likely to be better served by maintaining flexible exchange rate regimes. That is the finding of this informative and enlightening book. Presenting unique theoretical and econometric analysis of the current account of the balance of payments of Nigeria and Ghana, this book examines the features common to the economic position of developing countries (such as recurring deficits and continual increases in external debt). The book presents a number of new theoretical modifications to the standard version of the value model of the current account, in order to reflect the major characteristics of developing economies. The book also uses rigorous econometric analyses to determine the validity of theoretical models, and examines the sustainability of these various countries' current account deficits.
Current Account Deficits External Liabilities And Economic Policy
DOWNLOAD
Author : John Pitchford
language : en
Publisher:
Release Date : 1992
Current Account Deficits External Liabilities And Economic Policy written by John Pitchford and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Budget deficits categories.