| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7859 |
| DP7859 Fiscal Policy and the Current Account | |
| Antonio Fatas; Paolo Mauro; S. M. Ali Abbas; Jacques Bouhga-Hagbe; Ricardo Velloso | |
| 发表日期 | 2010-06-01 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | This paper examines the relationship between fiscal policy and the current account, drawing on a larger country sample than in previous studies and using panel regressions, vector auto-regressions, and an analysis of large fiscal and external adjustments. On average, a strengthening in the fiscal balance by 1 percentage point of GDP is associated with a current account improvement of 0.2?0.3 percentage point of GDP. This association is as strong in emerging and low-income countries as it is in advanced economies; and significantly higher when output is above potential. |
| 主题 | International Macroeconomics |
| 关键词 | Current account exchange rate External imbalances Fiscal policy |
| URL | https://cepr.org/publications/dp7859 |
| 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/536696 |
| 推荐引用方式 GB/T 7714 | Antonio Fatas,Paolo Mauro,S. M. Ali Abbas,et al. DP7859 Fiscal Policy and the Current Account. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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