Download or read book Macroeconomic Policy and the External Constraint in the Dependent Economy written by George S. Alogoskoufis and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Policy and the External Constraint in the Dependent Economy written by Giōrgos Alogoskouphēs and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Policy and the External Constraint in the Dependent Economy written by George Alogoskoufis and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the paper I examine the trade-offs between internal and external balance and the role of macroeconomic policy in Greece. I estimate and test versions of the two principal open economy macromodels: the imperfect-substitutes, one-sector model, and the two-sector model with nontraded goods. Both are real general equilibrium models that highlight the pivotal role of wage and price setting for the determination of output, competitiveness and external balance. The results are unfavorable to the better-known imperfect-substitutes model, which is used more widely as the basis for modeling aggregate fluctuations in the main industrial economies.

Download or read book External Constraints on Macroeconomic Policy written by George Alogoskoufis and published by Cambridge University Press. This book was released on 1991 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book from the Centre for Economic Policy Research deals with the implications of the exchange rate regimes and capital flows of the 1990s for government macroeconomic policy-making and EC policy co-ordination.

Download or read book Macroeconomic Policy and the External Constraint in the Dependent Economy written by George S. Alogoskoufis and published by . This book was released on 1989 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book External Constraints on Macroeconomic Policy written by George Alogoskoufis and published by . This book was released on 1991 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book THE CHANGING NATURE OF THE EXTERNAL CONSTRAINT ON MACROECONOMIC POLICY AND THE DEBT CRISIS LESSONS FROM ARGENTINA BRAZIL AND MEXICO written by Alberto PALONI and published by . This book was released on 1992 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Fiscal Expansion and External Current Account Balance written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-11-16 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes, in a general equilibrium framework, how fiscal policy transmits its effects to the current account of the balance of payments. In discussing the role of fiscal policies in the Fund’s stabilization programs, the paper compares different approaches to explain the determination of the external balance. The model presented here is based on intertemporal optimization and focuses on the behavior of private and public agents. Some empirical evidence is also presented, based on data from ten Latin American countries. Finally, an appendix presents an integrated system of financial, external, and government accounts.

Download or read book The Changing Nature of the External Constraints on Macroeconomic Policy and the Debt Crisis written by Alberto Paloni and published by . This book was released on 1992 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Policy in Fragile States written by Ralph Chami and published by Oxford University Press. This book was released on 2021-01-26 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Setting macroeconomic policy is especially difficult in fragile states. Political legitimacy concerns are heightened, raising issues such as who the policymakers are, what incentives they face, and how the process of policymaking is likely to work under limited legitimacy and high uncertainty both about the macroeconomic environment as well as policy effectiveness. In addition, fragility expands the range of policy objectives in ways that may constrain the attainment of standard macroeconomic objectives. Specifically, in the context of fragility policymakers also need to focus on measures to mitigate fragility itself - i.e., they need to address issues such as regional and ethnic economic disparities, youth unemployment, and food price inflation. Socio-political developments around the world have thus pushed policymakers to broaden their toolkit to improve the effectiveness of macroeconomic management in the face of these constraints. The chapters in Macroeconomic Policy in Fragile States address these issues, both by giving an analytical context from which policymakers can build to answer the questions they face in fragile situations as well as by providing lessons drawn from empirical analyses and case studies. The first section of the volume discusses the interactions between political economy considerations and macroeconomic policymaking. The second section covers the private sector environment in fragile states. The third section focuses on macroeconomic policy, especially fiscal policy, monetary policy, exchange rate policy, external flows, and aid effectiveness. The last section explains the role of the IMF in fragile states and concludes by presenting case studies from the Middle East and from Sub-Saharan Africa. The contributors to the volume are economists and political scientists from academia as well as policymakers from international organizations and from countries affected by fragility.

Download or read book The Effectiveness of Fiscal Policy in Stimulating Economic Activity written by Richard Hemming and published by International Monetary Fund. This book was released on 2002-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.

Download or read book The External Constraint Reputation and Macroeconomic Policy written by and published by . This book was released on 1990 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Policy and Public Choice written by David Kiefer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the connections between macroeconomics and government politics. The central idea is the existence of a political economic equilibrium in which the government acts to dampen the business cycle. Special attention is given to relevant data and to the possibility of hypothesis testing. This is a revised and extended study edition that is updated to include topics such as political business cycles, government debt, and deficit and social security.

Download or read book Myths and Reality of External Constraints on Development written by James Riedel and published by Trade Policy Research Centre London. This book was released on 1987 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Policies in an Interdependent World written by Mr.Paul R. Masson and published by International Monetary Fund. This book was released on 1989-06-15 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Copublished with the Brookings Institution, Washington D.C. and the Centre for Economic Policy Research, London, and edited by Ralph Bryant, David Currie, Jacob A. Frenkel, Paul Masson, and Richard Portes, this volume considers economic interdependence among well developed countries as well as between them and the developing regions of the world.

Download or read book Macroeconomic Policy Analysis written by Michael P. Amos and published by Cambridge University Press. This book was released on 2009-07-16 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the concept of public sector rationing in asset markets and provides a modern non-Walrasian approach to macroeconomic policy analysis. The detailed treatment of credit rationing regimes makes this work particularly relevant to economies where the interest rate is regulated. Other topics covered include the disaggregation of the government into the treasury and the central bank, the specification behavior of households, firms, and the central bank as intertemporal optimizers. The book provides models that can be easily extended to take into account both institutional and economic structures of all economies and the particular needs of the policy analysts before empirical implementation.

Download or read book Macroeconomic Management When Policy Space is Constrained written by Vitor Gaspar and published by International Monetary Fund. This book was released on 2016-09-28 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: TBD