United States : Background Papers.

This Background Paper on the United States examines the effect of fiscal deficit reduction in the context of the IMF's multicountry simulation model, on the current account and the real exchange rate. The simulations suggest that, other things being equal, fiscal consolidation will tend to caus...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1995.
Colección:IMF Staff Country Reports; Country Report ; No. 1995/094
Acceso en línea:Full text available on IMF
Descripción
Sumario:This Background Paper on the United States examines the effect of fiscal deficit reduction in the context of the IMF's multicountry simulation model, on the current account and the real exchange rate. The simulations suggest that, other things being equal, fiscal consolidation will tend to cause the real exchange rate to depreciate in the short term. The paper also estimates a long-term relationship between the real effective exchange rate for the U.S. dollar and a number of variables.
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Descripción Física:1 online resource (198 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students