The Pre-Crisis Capital Flow Surge to Emerging Europe : Did Countercyclical Fiscal Policy Make a Difference? /
A push-pull-brake model of capital flows is used to study the effects of fiscal policy changes on private capital flows to emerging Europe during 2000-07. In the model, countercyclical fiscal policy has two opposing effects on capital inflows: (i) a conventional absorptionreducing effect, as a tight...
প্রধান লেখক: | |
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অন্যান্য লেখক: | , |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2012.
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মালা: | IMF Working Papers; Working Paper ;
No. 2012/222 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |