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010   $a9786613828224
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035   $a(OCoLC)694141238
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035   $a(IMF)WPIEE2006276
035   $a(EXLCZ)993360000000443750
100   $a20020129d2006      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aCredit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina /$fDaniel Kanda
205   $a1st ed.
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2006.
215   $a1 online resource (20 p.)
225 1 $aIMF Working Papers
300   $a"December 2006."
311   $a1-4518-6536-8 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. BACKGROUND""; ""II. A THEORETICAL MODEL OF THE TRADE BALANCE""; ""A. The Consumera???s Problem""; ""B. The Firma???s Problem""; ""C. The Governmenta???s Problem""; ""D. The Banka???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""
330 3 $aThis paper develops and estimates a model of the trade balance of Bosnia and Herzegovina. Credit flows and the fiscal stance are found to play a significant role in determining the trade balance. On this basis the paper discusses the trade-offs between monetary and fiscal policy settings needed to achieve a clear downward path for the large current account deficit of Bosnia and Herzegovina.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2006/276
606   $aCredit$zBosnia and Hercegovina
606   $aFiscal policy$zBosnia and Hercegovina
606   $aExports and Imports$2imf
606   $aMoney and Monetary Policy$2imf
606   $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf
606   $aEmpirical Studies of Trade$2imf
606   $aMonetary Systems$2imf
606   $aStandards$2imf
606   $aRegimes$2imf
606   $aGovernment and the Monetary System$2imf
606   $aPayment Systems$2imf
606   $aMonetary economics$2imf
606   $aInternational economics$2imf
606   $aTrade balance$2imf
606   $aCredit$2imf
606   $aBank credit$2imf
606   $aConsumer credit$2imf
606   $aCurrencies$2imf
606   $aBalance of trade$2imf
606   $aMoney$2imf
607   $aBosnia and Herzegovina$2imf
615  0$aCredit
615  0$aFiscal policy
615  7$aExports and Imports
615  7$aMoney and Monetary Policy
615  7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General
615  7$aEmpirical Studies of Trade
615  7$aMonetary Systems
615  7$aStandards
615  7$aRegimes
615  7$aGovernment and the Monetary System
615  7$aPayment Systems
615  7$aMonetary economics
615  7$aInternational economics
615  7$aTrade balance
615  7$aCredit
615  7$aBank credit
615  7$aConsumer credit
615  7$aCurrencies
615  7$aBalance of trade
615  7$aMoney
700   $aKanda$b Daniel$01677578
801  0$bDcWaIMF
906   $aBOOK
912   $a9910825688403321
996   $aCredit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina$94058418
997   $aUNINA