Fiscal Deficits and Current Account Deficits /
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 sign...
| Hovedforfatter: | Kumhof, Michael |
|---|---|
| Andre forfattere: | Laxton, Douglas |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2009/237 |
| Online adgang: | Full text available on IMF |
Lignende værker
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Are Australia's Current Account Deficits Excessive? /
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Sharp Reductions in Current Account Deficits : An Empirical Analysis /
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The Size and Sustainability of Nigerian Current Account Deficits /
af: Adedeji, Olumuyiwa
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The U.S. Current Account Deficit and the Global Economy.
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