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Fiscal policy and the real exchange rate /

Government spending on infrastructure has recently increased sharply in many emerging-market economies. This paper examines the mechanism through which public infrastructure spending affects the dynamics of the real exchange rate. Using a two-sector dependent open economy model with intersectoral ad...

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Détails bibliographiques
Cote:Libro Electrónico
Auteurs principaux: Chatterjee, S. (Auteur), Mursagulov, Azer (Auteur)
Format: Électronique eBook
Langue:Inglés
Publié: [Washington, D.C.] : International Moentary Fund, 2012.
Collection:IMF working paper ; WP/12/52.
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