A Party without a Hangover? : On the Effects of U.S. Government Deficits /
This paper develops a 2-country New Keynesian overlapping generations model suitable for the joint evaluation of monetary and fiscal policies. We show that a permanent increase in U.S. government deficits raises the world real interest rate and significantly increases U.S. current account deficits,...
| Yazar: | |
|---|---|
| Diğer Yazarlar: | |
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2007/202 |
| Online Erişim: | Full text available on IMF |