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...

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Egile nagusia: Popescu, Adina
Beste egile batzuk: Shibata, Ippei
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2017.
Saila:Spillover Notes; Spillover Notes ; No. 2017/001
Sarrera elektronikoa:Full text available on IMF