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

A.A. Bolbol

Working Papers from Ryerson Polytechnical Institute - Department of Economics

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.

Keywords: BALANCE OF PAYMENTS; BUDGET; DEFICIT; DEBT (search for similar items in EconPapers)
JEL-codes: H61 H62 F1 F49 (search for similar items in EconPapers)
Date: 1996
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