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Record Nr. |
UNINA9910452793403321 |
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Autore |
Chatterjee Santanu |
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Titolo |
Fiscal policy and the real exchange rate [[electronic resource] /] / by Santanu Chatterjee and Azer Mursagulov |
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Pubbl/distr/stampa |
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[Washington, D.C.], : International Monetary Fund, [2012] |
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ISBN |
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1-4639-4565-5 |
1-4639-4564-7 |
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Descrizione fisica |
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1 online resource (42 p.) |
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Collana |
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IMF working paper ; ; WP/12/52 |
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Altri autori (Persone) |
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Soggetti |
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Foreign exchange rates |
Fiscal policy |
Government spending policy |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Cover; Contents; 1. Introduction; 2. The Analytical Framework; 2.1. Resource allocation in the private sector; 2.2. The public sector; 2.3. Macroeconomic equilibrium; 2.4. Current account dynamics; 3. Numerical Analysis; 3.1. The benchmark equilibrium; 3.2. Fiscal policy shocks; 3.3. Exchange rate dynamics: sensitivity to financing policies; 3.4. The persistence of the real exchange rate; 3.5. The short-run correlation between government spending and private consumption; 4. Sensitivity Analysis; 4.1. Sectoral output elasticity of public capital; 4.2. Elasticity of substitution in production |
4.3. Intersectoral adjustment costs 5. Conclusions; Tables; 1. Benchmark equilibrium; 2. Government spending shocks: Long-run effects; 3. Government spending and the real exchange rate; 4. Government spending and short-run consumption; Figures; 1. Government spending shocks; 2. Government spending and the real exchange rate: sensitivity to financing policies; 3. Government spending, the persistence of the real exchange rate, and the time horizon; 4. Government spending and consumption: sensitivity to the sectoral elasticity of public capital |
5. Government spending and the real exchange rate: sensitivity to the |
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