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Autore: | Kanda Daniel |
Titolo: | Credit flows, fiscal policy, and the external deficit of Bosnia and Herzegovina / / prepared by Daniel Kanda |
Pubblicazione: | [Washington, D.C.], : International Monetary Fund, Research Dept., c2006 |
Edizione: | 1st ed. |
Descrizione fisica: | 1 online resource (20 p.) |
Soggetto topico: | Credit - Bosnia and Hercegovina |
Fiscal policy - Bosnia and Hercegovina | |
Note generali: | "December 2006." |
Nota di bibliografia: | Includes bibliographical references. |
Nota di contenuto: | ""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"" |
Sommario/riassunto: | 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. |
Titolo autorizzato: | Credit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina |
ISBN: | 1-4623-8813-2 |
1-4527-1986-1 | |
1-283-51577-6 | |
1-4519-0989-6 | |
9786613828224 | |
Formato: | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910825688403321 |
Lo trovi qui: | Univ. Federico II |
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