Macroeconomic Policies and Long-Term Growth : A Conceptual and Empirical Review /

This paper reviews the theoretical and empirical aspects of the relationship between macroeconomic policies and the long-run rate of growth of GNP. The macroeconomic policies examined include fiscal policies, monetary and interest rate policies, external policies, and policies to reform the goods an...

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Autor principal: Villanueva, Delano
Altres autors: Khan, Mohsin
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1991.
Col·lecció:IMF Working Papers; Working Paper ; No. 1991/028
Accés en línia:Full text available on IMF
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245 1 0 |a Macroeconomic Policies and Long-Term Growth :   |b A Conceptual and Empirical Review /  |c Delano Villanueva, Mohsin Khan. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1991. 
300 |a 1 online resource (46 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper reviews the theoretical and empirical aspects of the relationship between macroeconomic policies and the long-run rate of growth of GNP. The macroeconomic policies examined include fiscal policies, monetary and interest rate policies, external policies, and policies to reform the goods and labor markets, including adjustments of producer prices and wages. In general, the effects of these policies on growth operate directly or indirectly through their influence on investment in physical and human capital, and on factor productivity. The available empirical evidence confirms the effects of specific macroeconomic and financial policies on long-run growth. 
538 |a Mode of access: Internet 
700 1 |a Khan, Mohsin. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1991/028 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1991/028/001.1991.issue-028-en.xml  |z IMF e-Library