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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w3738 |
来源ID | Working Paper 3738 |
Determinants of External Imbalances: The Role Taxes, Government Spending and Productivity | |
Leonardo Leiderman; Assaf Razin | |
发表日期 | 1991-06-01 |
出版年 | 1991 |
语种 | 英语 |
摘要 | This paper develops and estimates a dynamic optimizing model of the current account. The model focuses, on real factors that determine the evolution of saving and investment, and hence the external balance. Three types of shocks are at the center of the analysis: productivity shocks, shocks to labor input, and tax policy shocks. While our approach is in line with the real business cycle models of the current account, the distinguishing feature of the work is the application of econometric methods to time series data for a small open economy so as to directly estimate the parameters governing saving and investment under rational expectations restrictions. |
主题 | International Economics |
URL | https://www.nber.org/papers/w3738 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561055 |
推荐引用方式 GB/T 7714 | Leonardo Leiderman,Assaf Razin. Determinants of External Imbalances: The Role Taxes, Government Spending and Productivity. 1991. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w3738.pdf(398KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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