| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP322 |
| DP322 On Fiscal Policies, External Imbalances and Fundamental Equilibrium Exchange Rates | |
| George Alogoskoufis | |
| 发表日期 | 1989-06-01 |
| 出版年 | 1989 |
| 语种 | 英语 |
| 摘要 | This paper presents an investigation of the relationship between fiscal policies, fundamental equilibrium real exchange rates and misalignments under fixed nominal exchange rate regimes like those proposed by McKinnon and supply-side fiscal policy. The medium-run effects operate mainly through the accumulation or decumulation of external assets. The analysis suggests that even temporary shifts in fiscal policy have permanent effects on fundamental equilibrium exchange rates and the natural rate of unemployment. In addition, because of differential inflation across countries, real exchange rates become misaligned in the short-run. |
| 主题 | International Macroeconomics |
| 关键词 | Exchange rates Fiscal policy inflation Unemployment |
| URL | https://cepr.org/publications/dp322 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529476 |
| 推荐引用方式 GB/T 7714 | George Alogoskoufis. DP322 On Fiscal Policies, External Imbalances and Fundamental Equilibrium Exchange Rates. 1989. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [George Alogoskoufis]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [George Alogoskoufis]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [George Alogoskoufis]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
