The pre-crisis capital flow surge to emerging Europe : did countercyclical fiscal policy make a difference? /

A push-pull-brake model of capital flows is used to study the effects of fiscal policy changes on private capital flows to emerging Europe during 2000-07. In the model, countercyclical fiscal policy has two opposing effects on capital inflows: (i) a conventional absorption reducing effect, as a tigh...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Atoyan, Ruben (Ruben V.)
Autor Corporativo: International Monetary Fund. European Department
Otros Autores: Jaeger, Albert, Smith, Dustin
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2012.
Colección:IMF working paper ; WP/12/222.
Temas:
Capital movements > Europe > Econometric models.
Capital movements > Developing countries > Econometric models.
Fiscal policy > Europe > Econometric models.
Fiscal policy > Developing countries > Econometric models.
Mouvements de capitaux > Europe > Modèles économétriques.
Politique fiscale > Europe > Modèles économétriques.
BUSINESS & ECONOMICS > Finance.
Capital movements > Econometric models.
Fiscal policy > Econometric models.
Developing countries.
Europe.
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