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In: Public administration review: PAR, Band 21, Heft 2, S. 89
ISSN: 1540-6210
In: The Journal of Multidisciplinary Research, St. Tomas University, Florida, Vol. 6(1), 5-29, Spring 2014
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In: Journal of Multidisciplinary Research, St. Thomas University, Florida, Vol. 6(1), pp. 5-29, 2014
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In: IMF Working Papers, S. 1-35
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In: IMF Working Papers v.Working Paper No. 09/237
In: IMF working paper WP/09/237
The effectiveness of recent fiscal stimulus packages significantly depends on the assumption of non-Ricardian savings behavior. We show that, under the same assumption, fiscal deficits can have worrisome implications if they turn out to be permanent. First, if they occur in large countries they significantly raise the world real interest rate. Second, they cause a short run current account deterioration equal to around 50 percent of the fiscal deficit deterioration. Third, the longer run current account deterioration equals almost 75 percent for a large economy such as the United States, and a
In: International affairs, Band 63, Heft 3, S. 487-488
ISSN: 1468-2346
In: Journal of economic dynamics & control, Band 37, Heft 10, S. 2062-2082
ISSN: 0165-1889
In: Contemporary economic policy: a journal of Western Economic Association International, Band 11, Heft 1, S. 29-44
ISSN: 1465-7287
This paper summarizes recent empirical studies on the effects of budget deficits on interest rates, investment, and trade deficits in the United States. It also reports new evidence on the effects of budget deficits on investment and on trade deficits for the 1980s. The results support the view that budget deficits crowd out domestic investment and increase trade deficits.
In: The current digest of the Soviet press: publ. each week by The Joint Committee on Slavic Studies, Band 44, S. 30-31
ISSN: 0011-3425
In: Italian Political Science Review: Rivista italiana di scienza politica, Band 42, Heft 3, S. 417-430
ISSN: 0048-8402
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In: GMU Working Paper in Economics No. 21-32
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In: Political insight, Band 11, Heft 1, S. 3-3
ISSN: 2041-9066