EconPapers    
Economics at your fingertips  
 

Third country effects of fiscal devaluations

Philipp Engler, Sandra Pasch and Juha Tervala ()

Economics Letters, 2018, vol. 163, issue C, 13-16

Abstract: We analyze fiscal devaluation in a three-country model. The introduction of the third country, outside a monetary union, increases the expansionary effect of fiscal devaluation and the second country of the monetary union experiences a boom instead of a recession.

Keywords: Fiscal devaluation; Fiscal policy; Monetary union; Current account; 3-country model (search for similar items in EconPapers)
JEL-codes: E32 E62 F32 F41 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176517304652
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:163:y:2018:i:c:p:13-16

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-04-03
Handle: RePEc:eee:ecolet:v:163:y:2018:i:c:p:13-16