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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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2017.
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Serie: | Spillover Notes; Spillover Notes ;
No. 2017/001 |
Accesso online: | Full text available on IMF |