Fiscal stabilization and exchange rate instability
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Dale W. Henderson & Stephen W. Salant, 1976. "Market anticipations, government policy, and the price of gold," International Finance Discussion Papers 81, Board of Governors of the Federal Reserve System (U.S.).
- Marchand, M. & Mintz, J. & Pestieau, P., 1984.
"Shadow pricing of labour and capital in an economy with unemployed labour,"
European Economic Review, Elsevier, vol. 25(2), pages 239-252, July.
- Marchand, M. & Mintz, J. & Pestieau, P., 1984. "Shadow pricing of labour and capital in an economy with unemployed labour," LIDAM Reprints CORE 628, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Barro, Robert J, 1981.
"Output Effects of Government Purchases,"
Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1086-1121, December.
- Robert J. Barro, 1980. "Output Effects of Government Purchases," NBER Working Papers 0432, National Bureau of Economic Research, Inc.
- Barro, Robert J., 1981. "Output Effects of Government Purchases," Scholarly Articles 3451294, Harvard University Department of Economics.
- Groenewold, Nicolaas, 1980. "Fiscal policy with direct effects," Economics Letters, Elsevier, vol. 5(3), pages 219-224.
- Salant, Stephen W & Henderson, Dale W, 1978. "Market Anticipations of Government Policies and the Price of Gold," Journal of Political Economy, University of Chicago Press, vol. 86(4), pages 627-648, August.
- Grossman, Herschel I & Lucas, Robert F, 1974. "The Macro-Economic Effects of Productive Public Expenditures," The Manchester School of Economic & Social Studies, University of Manchester, vol. 42(2), pages 162-170, June.
- Blanco, Herminio & Garber, Peter M, 1986. "Recurrent Devaluation and Speculative Attacks on the Mexican Peso," Journal of Political Economy, University of Chicago Press, vol. 94(1), pages 148-166, February.
- Obstfeld, Maurice, 1984.
"Balance-of-Payments Crises and Devaluation,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(2), pages 208-217, May.
- Maurice Obstfeld, 1983. "Balance-of-Payments Crises and Devaluation," NBER Working Papers 1103, National Bureau of Economic Research, Inc.
- Groenewold, Nicolaas, 1982. "Fiscal Policy in a Perfect-Foresight Model with "Useful" Government Expenditure," Australian Economic Papers, Wiley Blackwell, vol. 21(38), pages 49-60, June.
- Flood, Robert P. & Garber, Peter M., 1984. "Collapsing exchange-rate regimes : Some linear examples," Journal of International Economics, Elsevier, vol. 17(1-2), pages 1-13, August.
- von Furstenberg, George M & Malkiel, Burton G, 1977. "The Government and Capital Formation: A Survey of Recent Issues," Journal of Economic Literature, American Economic Association, vol. 15(3), pages 835-878, September.
- Krugman, Paul, 1979. "A Model of Balance-of-Payments Crises," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 311-325, August.
- V. Sundararajan & Subhash Thakur, 1980. "Public Investment, Crowding out, and Growth: A Dynamic Model Applied to India and Korea (Investissement public, "effet de refoulement" et croissance: un modèle dynamique appliqué à l'Inde ," IMF Staff Papers, Palgrave Macmillan, vol. 27(4), pages 814-855, December.
- Johansson, Per-Olov, 1982. "Cost-benefit rules in general disequilibrium," Journal of Public Economics, Elsevier, vol. 18(1), pages 121-137, June.
- Heller, Peter S, 1975. "A Model of Public Fiscal Behavior in Developing Countries: Aid, Investment, and Taxation," American Economic Review, American Economic Association, vol. 65(3), pages 429-445, June.
- David, Paul A & Scadding, John L, 1974. "Private Savings: Ultrarationality, Aggregation, and "Denison's Law."," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages 225-249, Part I, M.
- Brennan, Geoffrey & Pincus, Jonathan J, 1983. "Government Expenditure Growth and Resource Allocation: The Nebulous Connection," Oxford Economic Papers, Oxford University Press, vol. 35(3), pages 351-365, November.
- Mario I. Blejer & Mohsin S. Khan, 1984. "Government Policy and Private Investment in Developing Countries (Politique des pouvoirs publics et investissement privé dans les pays en développement) (PolÃtica estatal e inversión privada en lo," IMF Staff Papers, Palgrave Macmillan, vol. 31(2), pages 379-403, June.
- Connolly, Michael B & Taylor, Dean, 1984. "The Exact Timing of the Collapse of an Exchange Rate Regime and Its Impact on the Relative Price of Traded Goods," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(2), pages 194-207, May.
- Olivier J. Blanchard & Jeffrey Sachs, 1982. "Anticipations, Recessions and Policy: An Intertemporal Disequilibrium Model," NBER Working Papers 0971, National Bureau of Economic Research, Inc.
- Calvo, Guillermo A., 1979. "Fiscal policy, welfare, and employment with perfect foresight," Journal of Macroeconomics, Elsevier, vol. 1(2), pages 149-166.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Feltenstein, Andrew & Shah, Anwar, 1995.
"General equilibrium effects of investment incentives in Mexico,"
Journal of Development Economics, Elsevier, vol. 46(2), pages 253-269, April.
- Feltenstein, Andrew & Shah, Anwar, 1992. "General equilibrium effects of investment incentives in Mexico," Policy Research Working Paper Series 927, The World Bank.
- Benjamin, Nancy, 1996. "Adjustment and income distribution in an agricultural economy: A general equilibrium analysis of Cameroon," World Development, Elsevier, vol. 24(6), pages 1003-1013, June.
- Feltenstein, Andrew & Shah, Anwar, 1991. "Tax policy options to promote private capital formation in Pakistan," Policy Research Working Paper Series 698, The World Bank.
- Buiter, Willem H., 1988.
"Can Public Spending Cuts be Inflationary?,"
CEPR Discussion Papers
225, C.E.P.R. Discussion Papers.
- Willem H. Buiter, 1988. "Can Public Spending Cuts be Inflationary?," NBER Working Papers 2528, National Bureau of Economic Research, Inc.
- Shah, Anwar, 1988. "Public infrastructure and private sector profitability and productivity in Mexico," Policy Research Working Paper Series 100, The World Bank.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Giancarlo Marini & Giovanni Piersanti, 2012. "Models of Speculative Attacks and Crashes in International Capital Markets," CEIS Research Paper 245, Tor Vergata University, CEIS, revised 24 Jul 2012.
- Maurice Obstfeld, 1986.
"Speculative Attack and the External Constraint in a Maximizing Model of the Balance of Payments,"
Canadian Journal of Economics, Canadian Economics Association, vol. 19(1), pages 1-22, February.
- Maurice Obstfeld, 1984. "Speculative Attack and the External Constraint in a Maximizing Model of the Balance of Payments," NBER Working Papers 1437, National Bureau of Economic Research, Inc.
- Joseph Aschheim & Costas Christou & P. Swamy & George Tavlas, 1996. "A random coefficient model of speculative attacks: The case of the Mexican peso," Open Economies Review, Springer, vol. 7(1), pages 553-571, March.
- Ahec Šonje, Amina & Babić, Ante & Mlinarević, Katarina, 2003. "Determinants of currency disturbances in transition economies of Central and Eastern Europe," MPRA Paper 83140, University Library of Munich, Germany, revised Mar 2003.
- Obstfeld, Maurice, 1986.
"Rational and Self-fulfilling Balance-of-Payments Crises,"
American Economic Review, American Economic Association, vol. 76(1), pages 72-81, March.
- Maurice Obstfeld, 1984. "Rational and Self-Fulfilling Balance-of-Payments Crises," NBER Working Papers 1486, National Bureau of Economic Research, Inc.
- James B. Bullard, 1991. "Collapsing exchange rate regimes: a reinterpretation," Working Papers 1991-003, Federal Reserve Bank of St. Louis.
- Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
- Flood, Robert P. & Garber, Peter M. & Kramer, Charles, 1996.
"Collapsing exchange rate regimes: Another linear example,"
Journal of International Economics, Elsevier, vol. 41(3-4), pages 223-234, November.
- Robert P. Flood & Peter M. Garber & Charles Kramer, 1995. "Collapsing Exchange Rate Regimes: Another Linear Example," NBER Working Papers 5318, National Bureau of Economic Research, Inc.
- Stephen J. Turnovsky & Jian Xu, 2002. "Speculative Attacks and the Dynamics of Exchange Rates," Annals of Economics and Finance, Society for AEF, vol. 3(2), pages 219-248, November.
- Mr. Robert P Flood & Juan Yepez & Ms. Nancy P. Marion, 2010. "A Perspectiveon Predicting Currency Crises," IMF Working Papers 2010/227, International Monetary Fund.
- Stijn Claessens & M. Ayhan Kose, 2013.
"Financial Crises: Explanations, Types and Implications,"
CAMA Working Papers
2013-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Claessens, Stijn & Kose, M. Ayhan, 2013. "Financial Crises: Explanations, Types, and Implications," CEPR Discussion Papers 9329, C.E.P.R. Discussion Papers.
- Mr. Stijn Claessens & Mr. Ayhan Kose, 2013. "Financial Crises Explanations, Types, and Implications," IMF Working Papers 2013/028, International Monetary Fund.
- Mohammad Karimi & Marcel‐Cristian Voia, 2019.
"Empirics of currency crises: A duration analysis approach,"
Review of Financial Economics, John Wiley & Sons, vol. 37(3), pages 428-449, July.
- Mohammad Karimi & Marcel-Cristian Voia, 2011. "Empirics of Currency Crises: A Duration Analysis Approach," Carleton Economic Papers 11-11, Carleton University, Department of Economics.
- Mohammad Karimi & Marcel-Cristian Voia, 2019. "Empirics of currency crises: A duration analysis approach," Post-Print hal-03528952, HAL.
- Ahec Šonje, Amina & Babić, Ante, 2002. "Measuring and predicting currency disturbances in Croatia: the “signals” approach," MPRA Paper 83137, University Library of Munich, Germany, revised Apr 2002.
- Cheung, Yin-Wong & Friedman, Daniel, 2009.
"Speculative attacks: A laboratory study in continuous time,"
Journal of International Money and Finance, Elsevier, vol. 28(6), pages 1064-1082, October.
- Yin-Wong Cheung & Daniel Friedman, 2008. "Speculative Attacks: A Laboratory Study in Continuous Time," CESifo Working Paper Series 2420, CESifo.
- Yin-Wong Cheung & Daniel Friedman, 2009. "Speculative Attacks: A Laboratory Study in Continuous Time," Working Papers 072009, Hong Kong Institute for Monetary Research.
- Willem H. Buiter, 1986.
"A "Gold Standard" Isn't Viable Unless Supported by Sufficiently FlexibleMonetary and Fiscal Policy,"
NBER Working Papers
1903, National Bureau of Economic Research, Inc.
- Buiter, Willem H., 1986. "A Gold Standard Isn't Viable Unless Supported by Sufficiently Flexible Monetary and Fiscal Policy," CEPR Discussion Papers 125, C.E.P.R. Discussion Papers.
- Willem H. Buiter, 1986.
"Fiscal Prerequisites for a Viable Managed Exchange Rate Regime: A Non-technical Eclectic Introduction,"
NBER Working Papers
2041, National Bureau of Economic Research, Inc.
- Buiter, Willem H., 1986. "Fiscal Prerequisites for a Viable Managed Exchange Rate Regime: A Non-Technical Eclectic Introduction," CEPR Discussion Papers 129, C.E.P.R. Discussion Papers.
- Jeanne, Olivier, 1999. "Currency Crises: A Perspective on Recent Theoretical Developments," CEPR Discussion Papers 2170, C.E.P.R. Discussion Papers.
- Gara Minguez-Afonso, 2007.
"Imperfect Common Knowledge in First-Generation Models of Currency Crises,"
International Journal of Central Banking, International Journal of Central Banking, vol. 3(1), pages 81-112, March.
- Gara Minguez Afonso, 2006. "Imperfect Common Knowledge in First Generation Models of Currency Crises," FMG Discussion Papers dp555, Financial Markets Group.
- Goldberg, Linda S., 1991.
"Collapsing exchange rate regimes: shocks and biases,"
Journal of International Money and Finance, Elsevier, vol. 10(2), pages 252-263, June.
- Linda S. Goldberg, 1988. "Collapsing Exchange Rate Regimes: Shocks and Biases," NBER Working Papers 2702, National Bureau of Economic Research, Inc.
- Sylvester C. W. Eijffinger & Benedikt Goderis, 2007.
"Currency Crises, Monetary Policy and Corporate Balance Sheets,"
German Economic Review, Verein für Socialpolitik, vol. 8(3), pages 309-343, August.
- Eijffinger Sylvester C. W. & Goderis Benedikt, 2007. "Currency Crises, Monetary Policy and Corporate Balance Sheets," German Economic Review, De Gruyter, vol. 8(3), pages 309-343, August.
More about this item
Keywords
Economic Stabilization; Banks&Banking Reform; Public Sector Economics&Finance; Economic Theory&Research; Environmental Economics&Policies;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:74. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Roula I. Yazigi (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.