Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Policy Development and Review Department.
|
|---|
| ISBN: | 1283513226
9781283513227
1451910444
9781451910445
9781451997415
1451997418
1462305393
9781462305391
9786613825674
6613825670
|
|---|
| Notes: | Includes bibliographical references (page 13).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
|
|---|
| Summary: | By using a simple intertemporal model of the current account, I show that the exchange rate elasticity of the trade balance would ceteris paribus be smaller for countries with higher government spending ratios (relative to GDP) and with more limited scope for private consumption smoothing. This finding may have important implications for the design of adjustment programs and for resolving current global imbalances. It could also help explain and reconcile mixed empirical findings on trade elasticities.
|
|---|
| Other form: | Print version: Kim, Jun (Jun Il). Fiscal policy and the exchange rate-current account nexus. [Washington, D.C.] : International Monetary Fund, 2007
|
|---|
| Standard no.: | 10.5089/9781451910445.001
|
|---|
