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Record Nr. |
UNINA9910788406803321 |
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Autore |
Kanda Daniel |
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Titolo |
Credit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina / / Daniel Kanda |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2006 |
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ISBN |
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1-4623-8813-2 |
1-4527-1986-1 |
1-283-51577-6 |
1-4519-0989-6 |
9786613828224 |
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Descrizione fisica |
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1 online resource (20 p.) |
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Collana |
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Soggetti |
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Credit - Bosnia and Hercegovina |
Fiscal policy - Bosnia and Hercegovina |
Exports and Imports |
Money and Monetary Policy |
Monetary Policy, Central Banking, and the Supply of Money and Credit: General |
Empirical Studies of Trade |
Monetary Systems |
Standards |
Regimes |
Government and the Monetary System |
Payment Systems |
Monetary economics |
International economics |
Trade balance |
Credit |
Bank credit |
Consumer credit |
Currencies |
Balance of trade |
Money |
Bosnia and Herzegovina |
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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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""Contents""; ""I. BACKGROUND""; ""II. A THEORETICAL MODEL OF THE TRADE BALANCE""; ""A. The Consumer�s Problem""; ""B. The Firm�s Problem""; ""C. The Government�s Problem""; ""D. The Bank�s Problem""; ""E. Import and Export Market Clearing""; ""F. The Trade Balance""; ""G. The Exchange Rate""; ""III. THE ESTIMATED MODEL""; ""A. Data Considerations""; ""B. Stationarity""; ""C. Estimation Results""; ""D. Forecast Evaluation""; ""IV. POLICY IMPLICATIONS""; ""Appendix Dataset Used in the Estimation""; ""References"" |
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Sommario/riassunto |
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This paper develops and estimates a model of the trade balance of Bosnia and Herzegovina. Credit flows and the fiscal stance are found to play a significant role in determining the trade balance. On this basis the paper discusses the trade-offs between monetary and fiscal policy settings needed to achieve a clear downward path for the large current account deficit of Bosnia and Herzegovina. |
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