Spillovers from US Government Spending Shocks : Impact on External Positions /

This note analyzes the impact of preannounced government spending shocks in the United States on the real effective exchange rate and the trade balance. Using a vector autoregression framework that allows anticipated fiscal shocks to be identified using survey information, we find that preannounced...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Popescu, Adina
Awduron Eraill: Shibata, Ippei
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2017.
Cyfres:Spillover Notes; Spillover Notes ; No. 2017/001
Mynediad Ar-lein:Full text available on IMF