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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Atoyan, Ruben
अन्य लेखक: Jaeger, Albert, Smith, Dustin
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2012.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2012/222
ऑनलाइन पहुंच:Full text available on IMF