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Deficit Financing, Foreign Debt, and the Mundell-Fleming Model: A Dynamic Analysis

Author

Listed:
  • Bolbol, A.A.

Abstract

The works with basic Mundell-Fleming model by adding two dynamic equations, one for the balance of payments (or accumulation of foreign debt) and another for the budget deficit which includes all possible modes of financing.

Suggested Citation

  • Bolbol, A.A., 1996. "Deficit Financing, Foreign Debt, and the Mundell-Fleming Model: A Dynamic Analysis," Papers 10, Ryerson Polytechnical Institute - Department of Economics.
    • Handle: RePEc:fth:ryerso:10
    as

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    More about this item

    Keywords

    BALANCE OF PAYMENTS; BUDGET; DEFICIT; DEBT;
    All these keywords.

    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • F1 - International Economics - - Trade
    • F49 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Other

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